High Yielding Industrial Investment Securely Leased To Reputable Long-Term Tenant

> Renewed 5-year lease to Mechanical Maintenance Solutions, a very successful long standing local business servicing multiple projects throughout Australia
> Current rent $84,866.18 p.a + GST, tenant pays all usual outgoings
> Fixed 3% annual increases, market review at options
> 2 further option periods, each of 5 years
> Bank guarantee of $17,500
> Total site area approx. 2,355sqm* with 2 street frontages
> Heavy duty industrial building of 630sqm* plus a further 70sqm* of office space. The office space comprises multiple modern ground and first floor offices, meeting rooms and excellent staff amenities
> Additional shedding of 125sqm* and outbuildings
> Zoned Industrial 3 (IN3Z) – Latrobe Planning Scheme
> Scope for some future development (S.T.C.A)

*(approx.)

Property Features