EXETER MANUFACTURING PLANT - FREEHOLD INVESTMENT OPPORTUNITY
WE ARE PLEASED TO OFFER 2 TITLES AND ALL IMPROVEMENTS AT 67 MAIN ROAD, EXETER, PERMITTED USE FOR GENERAL ENGINEERING, MACHINING WORKSHOP AND ADMINISTRATION OFFICES. LEASE FIVE YEARS COMMENCING SEPT 2008 WITH A FIVE YEAR OPTION, ANNUAL CPI REVIEWS WITH MARKET REVIEW AT OPTION RENEWAL. TENANT HAS BEEN IN SITU FOR 11 YEARS.PASSING RENT CIRCA $115,000 PER ANNUM.LESSEE PAYS OUTGOINGS INCLUDING RATES, WATER AND LAND TAX.LESSEE PAYS BUILDING INSURANCE PLUS FIXTURES AND FITTINGS INSURANCE, PI AND UP TO 12 MONTHS LOSS OF RENT AND PROFITS.ALL DETAILS PROVIDED IN GOOD FAITH, MEASUREMENTS ARE ESTIMATIONS AND ARE SUBJECT TO SURVEY.
The size of Pioneer is approximately 86.2 square kilometres. It has 4 parks covering nearly 108% of total area. The population of Pioneer in 2011 was 137 people. By 2016 the population was 80 showing a population decline of 41.6% in the area during that time. The predominant age group in Pioneer is 40-49 years. Households in Pioneer are primarily couples with children and are likely to be repaying $450 - $599 per month on mortgage repayments. In general, people in Pioneer work in a machinery operators and drivers occupation. In 2011, 83.3% of the homes in Pioneer were owner-occupied compared with 80.5% in 2016..
Pioneer has 86 properties. Over the last 5 years, Houses in Pioneer have seen a 60.83% increase in median value. As at 31 October 2024:
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