HERE is a fantastic opportunity to make your money work for you.
Are you fed up with the low returns (approx. 2.5 per cent) being offered from the big banks for term deposits?
Seize the opportunity today with this attractive long term industrial freehold offering 6 per cent plus return on investment and comes with a secure five year lease to July 2021 plus options though to July 2031.
The current rent is $42,000 per annum plus GST and the tenant pays all usual
The rent is adjusted each year with CPI rent reviews and the national based tenant has extensively filled out the complex to suit their requirements.
The complex is in a prime central Wonthaggi industrial location and the site area is a massive 1037m2 with the building area approximately 560m2.
Ample parking is provided both front and rear for approximately 30 vehicles.
Priced at $699,000 this long term investment represents excellent value providing a 6 per cent plus return.
For full details contact PBE Real Estate Wonthaggi seven days a week on 5672 1833.