5-7 Fitzgerald Place,
Portland, VIC 3305
Warehouse, Factory & Industrial • Shops & Retail
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Map of 5-7 Fitzgerald Place
3 Secure Tenants 8.4% Return
With 3 secure tenants yielding approx. 8.4% return, must make this industrial site very appealing.
The property is well located just off the ring road to the port, in an industrial zoned area.
The incomes are approximately:
Axicom phone tower lease to 2046 at $ 15,000
Bayside Industrial Coatings lease to 2025 at $ 41,000
RJ & JM Kerr, Car Restorations lease to 2021 at $ 13,000
TOTAL $69,000 p.a.
All tenants have long lease options with annual rental increases.
The property is well located just off the ring road to the port, in an industrial zoned area.
The incomes are approximately:
Axicom phone tower lease to 2046 at $ 15,000
Bayside Industrial Coatings lease to 2025 at $ 41,000
RJ & JM Kerr, Car Restorations lease to 2021 at $ 13,000
TOTAL $69,000 p.a.
All tenants have long lease options with annual rental increases.
Property ID: 503586062Last Updated: 16 Nov 2022
04197352...
5-7 Fitzgerald Place
Portland, VIC 3305
Groves Real Estate161 Gray St
HAMILTON, VIC 3300
HAMILTON, VIC 3300
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