Share this property

realcommercial.com.au

15-17 Cessna Crescent Ballina, NSW 2478

Directions

15-17 Cessna Crescent,
Ballina, NSW 2478

Showrooms & Large Format Retail

Price information

Sold

Contact Agent

Key property information

Floor area

Sold on

Map of 15-17 Cessna Crescent

Directions

Exceptional Freehold Investment - 7x5x5 Year Lease

Marvellous opportunity to acquire the Kimberley Kampers Stage II freehold on a sale and leaseback arrangement. Kimberley Kampers are the market leader in off road recreational accommodation and are widely recognised for their quality and innovation. Employing 86 people locally they have an ever increasing demand for their products both nationally and internationally. There is D.A. Approval to extend the shed a further 650m2 approx on the site with significant infrastructure already in place to allow for this, thus reducing the build cost when it's done.

Only 18 months old, this is a fantastic opportunity for the astute investor to secure a strong tenant, on a long lease, with a great return, significant deprecation allowances and development upside.
Building: Kimberley Kampers Factory/Showroom/Office 'Stage II'.

Built: 2012
Construction:
-Concrete tilt-up and colourbond walls
- Insulated colourbond roof
- Steel wall and roof framing
- Concrete re-inforced floor
- Linings/ceiling for showroom, office and amenities

Additional Features:
- Air conditioned office and showroom
- DA Approval for 650m2 approx. extension with infrastructure already in place
- Open Span Shed
- Separate male, female and disabled amenities
- Lunchroom
- 300amp 3-phase power
- 2 ingress/egress points
- Large hardstand storage area
- Security fenced

Building Area: 942m2 approx.
Quality Assurance Area: 38m2 approx.
Open Storage Area: 650m2 approx.
Land Area: 2,677m2 approx.
Lease: 7 years
Lease Commence: TBA
Option: 5 Years + 5 Years
Rent Review: Annually
Outgoings: Paid by Tenants
Returning: $177,500 + GST p.a.

Property ID: 501254395Last Updated: 12 Aug 2014

proptrack logo
This information is supplied by realestate.com.au (ABN 21 080 195 535) on behalf of Proptrack Pty Ltd (ABN 43 127 386 298). Copyright and Legal Disclaimers about Property Data.
04044426...
realcommercial.com.au logo
15-17 Cessna Crescent
Ballina, NSW 2478
LJ Hooker - Ballina
89 River Street
BALLINA, NSW 2478

Make an enquiry

What's your enquiry about?

Enter your details

Similar properties

Other properties you might be interested in based on the location and property type you are looking at.