Income Security with two Tenants side by side on this substantial parcel of land. The Tenants have Tenanted these buildings for many years and the areas are 50/50 of the building approximately. The Tenants pay the property Rates, Building Insurance and Internal Maintenance.
The feature of this building is that the building is sited on this site providing Vehicle access around the building to the rear Yard and Forecourt Customer parking.
The building was built 1983 approximately and has an overall floor area of 708m2, with the workshop being 628m2 and the offices on the front facade are some 80m2. This buildings' construction is concrete foundations and flooring, exterior of concrete brick, concrete blocks and fibre cement sheeting. The office roofing is coated metal tiles and the Workshop is corrugated iron roofing.
Both lease terms 3+3+3 years for 1 June 2014


Tenants: Sandilands Wheel Alignment and Tyre Service Centre (2008) Limited and Scott William Motors Limited.

Rental: $30,000.00 plus GST (Nett)

Land Area: 2023m2

Rating Value: $375,000

Annual Rates: $2,782.60

Rating Valye $375,000

Price $380,000 + gst