GO Commercial Industrial is pleased to offer for sale this extremely rare leased investment.
Investment Features include:
- Leased to Total Tools Ferntree Gully Pty Ltd
- Total Tools: National network of over 110 stores established over 30 years owned by ASX listed Metcash (ASX:MTS)
- 5.5 years remaining lease term as at 1 May 2024
- Options through to 2034
- Building area of 1,399 square metres* with three roller shutter doors
- Net passing income of $256,196* per annum
- Strong Fixed increases of 4.0% annually
- Prominent exposure to Burwood Highway situated on Commercial 2 Zoned land
- Surrounding national companies including Officeworks, Autobarn, McDonalds, Coles, Woolworths, Ford, Jeep plus many more
Inspections by appointment only.
*Approximately