Unique opportunity to acquire this well-located investment property leased to Australia Post.
-Steel Warehouse with Office & Canopy.
-Postal delivery sorting area.
-Kitchen and staff facilities.
-3 Phase Power
-Electric Roller doors
Tenant:Australian Postal Corporation.
Term:5 Years to 31/8/2022
Further term:1 term of 5 Years to 1/9/2027
Rent review:2.5% P/A
Outgoings:Paid by the Tenant ( Inc State Land Tax )
Building area:276 sqm
Canopy area: 120 sqm
Land area:1920 sqm
Australia Post have been and remain excellent tenants
How is Australia Post going financially ?
Australia Post, formally the Australian Postal Corporation, is the government business enterprise that provides postal services in Australia.
Australia Post appears to be one of the few companies to have benefited from the coronavirus pandemic after reporting record growth in annual revenue. According to the latest FY20 results released last week, group revenue grew by 7 per cent to $7,500 million, with before tax profits of $53.6 million.Aug 31, 2020
Source - Google
Prior Offers may be considered
Call Gary Wood 0408505733
Property Type - Industrial/Warehouse
Land Area - 1920m2
Floor Area - 276m2
Contact Agent to arrange inspection
3 Phase Power
Close to Shops
Close to Transport
Roller Door Access