Standalone Commercial building with Drive- Through all weather access, parking onsite and easy to
Bargara road and ring road.
Net income $180,500 pa plus gst plus outgoings ( 8.3% ROI )
Lease 3 years started 1/4/21 to 31/3/24 plus 2 year option ( annual 3% increases )
Tenant Multi-National tenant OJI Fibre Solutions are the fifth largest Pulp & Paper Company in the world with 158 consolidated subsidiaries located in 17 countries worldwide
Land Area 6,784m2
Building Area 2,160m2 shed plus 110m2 office
Concrete area at rear of property to add extra shed if you wish.
NOTE in the lease under ( Additional Premises)
Throughout the initial term and option periods the Tenant may terminate this lease by 12 months prior written notice to the Landlord if following conditions are met.