829 Madeira Packet Drive, Portland
Commercial Freehold Investment Opportunity
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This outstanding commercial property is situated in a wholly industrial area on a corner block of approximately 2463.1 sqm and is zoned Industrial 1. The property is fully fenced and features three driveways, sealed parking area, sealed apron area to the front of the 457sqm building and a sealed driveway providing side access into the building. The building comprises a showroom with built-in reception counter and 4 work stations, a separate office, staff tea room and disabled/male/female toilet, large warehouse area and loading area with office space. The property is currently leased for a 3 year term with 3 x 3 x 3 Lease options available. The current annual return is $26,000 + GST and the occupant is an excellent long term tenant. For further information or to arrange an inspection please contact Michael Goldby of Dundas Real Estate on 0409 527 029.
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$3,078
Estimated monthly repayments based on advertised price of $429000.
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