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Unit 3, 44 Munibung Road Cardiff, NSW 2285

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Unit 3, 44 Munibung Road,
Cardiff, NSW 2285

Warehouse, Factory & Industrial

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$490,000

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Map of Unit 3, 44 Munibung Road

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INVESTMENT 9.4% NET RETURN

The property forms part of a strata unit complex with excellent truck access. The property is leased to Rob Gemmell Automotive Services on a 3 + 3 year lease commencing 17 October 2011. The property is located behind Trident Plastics on Munibung Road which is the main road servicing this popular estate.

LEASE DETAILS
Lessee: Robert M C D Gemmell
Commencement Date: 17 October 2011
Lease Term: 3 + 3 years
Rental: $48,162 per annum net + GST
Rent Review: 3% annual increases with market review at option
Outgoings: Lessee responsible for outgoings in addition to the above rental
Guarantees: Personal guarantees

Property ID: 500003096Last Updated: 14 May 2014

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Unit 3, 44 Munibung Road
Cardiff, NSW 2285
Colliers - Newcastle
Ground Floor, 18 Honeysuckle Drive
NEWCASTLE, NSW 2300

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