This brand new unit title warehouse unit is offered for sale complete with a 4 year lease to a fitness tenant. The complex at 13 Gumfield Dr comprises of 13 warehouse units (8 in Stage 1 and 5 in Stage 2) and a high quality shared amenities and office block. Stage 1 is complete and sold out and Stage 2 is due for completion in July 2020. Only four units are left, and Unit 9 is the only one offered as a tenanted investment.
The building is a 44m2 high stud, tilt slab concrete and steel warehouse. It also has shared access to a large communal facilities block including bathrooms, kitchen, lunchroom, offices and meeting rooms.
The tenant is a fitness business, operating a personal training gym from the premises. The lease offers a 4 year initial terms (commencing straight after the buildings are completed) with a rental return of $11,500pa +GST + outgoings.
Also available for sale: Unit 12, 84m2 - $420,000 + GST (if any) - 2 year rental guarantee (Rental $21,000 pa ++) Unit 10, 90m2 - $429,000 + GST (if any) - Vacant Unit 11, 51m2 - $259,000 + GST (if any) - Vacant
With Warkworth industrial property continuing to prove very popular for both investors and tenants, and nothing else available in this price range, we recommend you don't delay on this one!