Ardeer 28 Reid Street

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LEASED INVESTMENT INNER WEST

1,840m² approx floor area

Sold $2,250,000

Located so conveniently just off the Western Ring Rd this functional office / factory has a number of unique features and a secure tenant in place. Offering large yard areas, overhead gantry cranes and excellent height in the main factory area.

Office: 211m2
Warehouse: 1,629m2
Total Building: 1,840m2
Site Area: 4,040m2

Features:
2 Overhead gantry cranes (one 10 tonne)Large yard areas8m height approxMinutes to Metropolitan freeway
Lease Details:
Tenant: On Track Diesels Pty Ltd
Lease Term: 3 Years commenced 1st February 2020
Options: One Further term of 3 years
Notice Period: 6 Months prior to lease end
Rental: $135,000pa + GST + Outgoings
Bank Guarantee: Equal to three months rental
Increases: 3.5% pa fixed with market review at option

Contact Drew Williams 0408 013 968