15 Russell Street

Batemans Bay NSW 2536

Industrial properties which have quality tenants and strong leases in place are in strong demand, and with a limited supply of quality industrial opportunities, and no further potential land earmarked for industrial development close to Batemans Bay, this is a unique opportunity not to be missed. If you are an investor seeking to add a good quality property to your portfolio or superfund, contact us to arrange an inspection.

Features include:

- 839m2 land size
- Parking bay for truck pick-ups
- Open plan workshop with office, shower, and toilet
- Total of 4 reverse cycle air-conditioning units (2 in the main office, 1 in the new upstairs office and 1 in the conference room) plus a ceiling fan in the upstairs office
- Lease expiring end October 2026 with three further options of three years each
- Guaranteed income stream of 91,823.06 plus GST per annum with annual review of rent
- Potential yield of 6% based on current rental agreement
- The landlord pays the building insurance and land tax (if terms of the lease are met and building insurance can be recovered)
- GST is collected by the landlord
- Tenant pays 100% of the outgoings (electricity, water usage and rates) in accordance with the lease