Sold
Located within the Mooreville Industrial Area, 44-46 Whybrow Street is ideally positioned for easy freight movements and access. Surrounded by quality warehouses, Mooreville Industrial Area has proven to be Griffith's Premier Industrial hub.
LAND DETAILS:
Lot 1, DP 862 719
Zoned - Commercial
Land Size - 5,254m
Shed size -
The site is regular shape with approx 60m frontage to Whybrow Street. Adjacent to the warehouse is a large concreted parking & loading area. The rear of the site is a level gravel yard fully fenced, ideal for storage or future development (Council approval required).
Current Gross Income:
$73,548.60 p.a. ($6,129.05 p.m.)
Yearly rental review minimum 4% increase or CPI whichever is higher.
OUTGOINGS:
Insurances: Paid by Vendor
TENANCY:
PFD FOOD SERVICES PTY LTD
Lease term commenced November 2012 - expires
November 2022 with 5 year option to 2027
CURRENT RENT:
$73,548.60 inc GST per annum ($66,862.36 exc GST)
CHARGES:
Rates and charges paid by Tenant: $5,728.14 per annum
Water and sewer charges paid by Tenant: $917.57 per annum (excluding consumption)