I156 - SOLD, 24-32 Lexington Drive,
Bella Vista, NSW 2153

New to market is a recently leased investment opportunity located less than 200m from the Bella Vista Railway Station currently under construction (due 2019).

Currently operated as a swim school, the premises is a warehouse with solid concrete walls, flooring and ceiling, excellent for temperature controlled warehousing and storage space.

Professional front entry with undercover loading are at the rear. Double width roller door with excellent truck accessibility via wide driveway with two entry / exit points.

Pool construction is built above the concrete floor and is required to be ‘madegood’ /removed at expiry of lease to leave way for traditional warehouse usage.

Investment Summary:
Lease Commence: November 2015
Lease Term: 6 Years + 6 Years
Net Rental: Year 1
Outgoings: Tenant / Lessee pays 100% outgoings
Reviews: Year 2 - $60,000; Year 3 - Review to Market

Also available for sale is the directly adjoining unit (539sqm). Next door unit is available vacant Possession (current short term 9 months lease with no option).