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2 Doric Court Quoiba, TAS 7310

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2 Doric Court,
Quoiba, TAS 7310

Warehouse, Factory & Industrial

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High Yielding Industrial Investment - Secure Leases To Telstra & Doric Engineering

An exceptional investment opportunity generating solid rent return of $47000 p.a net, underpinned by a long term ground lease (mobile phone tower) to Telstra:
- 10 year term to 2023 plus options to 2038
- current rent $15000 p.a excl. of GST paid yearly in advance
- 4% annual reviews
Balance of property is under lease to innovative manufacturer and supplier of specialist
mining and logistics equipment Doric Engineering :
- Renewed 4 year term to 2023 plus option to 2027
- Rent $32,000 p.a excl. of GST (1 July 2019)
- CPI annual reviews

Land area 5003 sqms
Building area approx. 1835 sqms

Contact Ian Singline for further details.

Property ID: 503032766Last Updated: 30 May 2019

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2 Doric Court
Quoiba, TAS 7310

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