- Fully leased to Evergreen Garden Care
- Freehold asset with significant improvements
Positioned in high growth rural area with significant infrastructure growth in its immediate vicinity, this property offers not only excellent passive investment value, but also excellent future upside potential!
Key features include:
- 1,985sqm (approx) warehouse
- 176sqm (approx) office
- 1,180sqm (approx) awning
- 15,000sqm (approx) concrete hardstand
- Full staff amenities
- Partitioned, air conditioned offices
- High clearance warehouse
- Massive 203m (approx) road frontage to St Marys Road
- Additional road providing 3 frontages, ideal for future development (STGA)
- Current passing rent of $440,000 Per Annum Net Exc GST and rising to $800,000 Per Annum Net Exc GST by 2032
- Bluechip tenant since 2012
- Leading industry supplier
- Engaged in the wholesaling, marketing & distribution of agricultural products
- The company offers products such as lawn care, soil, potting mixes & mulch, plant produce & pest control
Evergreen has a further 8.5 years (approx) on their lease, offering excellent holding income while infrastructure and development advances in the area.
To discuss this unique opportunity, contact the exclusive agents InFocus Commercial Real Estate & Jones Lang LaSalle.
3 Phase Power Available
Air Conditioning
Automatic Roller Door
Awning
Car Parking
Clear Span
Freehold
Male & Female Amenities
NBN Available
RU4 Zoning
Street Frontage
Tenanted
Yard