Zoning: E3 - Productivity Support

Property Type: Industrial/Commercial Premises

Sale Offering:
Four integrated factory units, available for purchase in one consolidated package with 22 car spaces.

Land Size: A substantial 2,049m2, perfectly suited for a range of industrial and commercial applications.

Location Highlights:
- Strategic Positioning: Nestled in the vibrant core of Leumeah's Industrial Precinct, this property stands as a testament to savvy logistical planning and business foresight.
- Accessibility: Merely 350 metres away (approx.) from Leumeah Train Station, ensuring seamless connectivity for your workforce and clients.
- Retail Proximity: 500 metres (approx.) to Leumeah Shopping Village, offering convenient access to a myriad of retail and service options.
- Industrial Neighbourhood: Surrounded by a diverse array of small to medium-sized enterprises specializing in bulky goods and general industrial operations, creating a dynamic business ecosystem.

Investment Highlights:
- Stable Income Stream: Currently hosting long-term, secure tenants with active registered leases on title, this property promises a robust and ongoing revenue flow.
- Rare Market Opportunity: This offering represents a unique chance to acquire a standout property in a sought-after location, characterised by its scarcity and high demand.
- Versatile Use: The four factory units, each distinct yet integrable, offer flexibility for a variety of industrial and commercial uses, catering to a broad spectrum of business needs.

Your Strategic Business Move:
Seize this rare opportunity to own a piece of Leumeah's industrial prowess. Whether you're looking to expand your business footprint or diversify your investment portfolio, this property at 1-4/179 Airds Road offers the perfect blend of location, functionality, and financial return.

Lease Terms Overview:

Unit 1:
- Internal size is approximately 196.70m2.
- 4-year lease + 4-year option with a market review prior to the commencement of option.
- Outgoings payable at 50% which include council rates ($826.57 pa), water rates ($33.46 pq + usage) & strata fees (where a strata plan may be registered in the future by others)
- Outgoings payable at 100% at the commencement of option.
- Year 1: ($170.00/m2 Ex GST): $33,439.00 Ex GST
- Year 2: ($180.00/m2 Ex GST): $35,406.00 Ex GST
- Year 3: ($195.00/m2 Ex GST): $38,356.50 Ex GST
- Year 4: 4% increase

Unit 2:
- Internal size is approximately 196.56m2.
- 4-year lease + 4-year option with a market review prior to the commencement of option.
- Outgoings payable at 50% which include council rates ($826.20 pa), water rates ($33.45 pq + usage) & strata fees (where a strata plan may be registered in the future by others)
- Outgoings payable at 100% at the commencement of option.
- Year 1: ($165.00/m2 Ex GST): $32,432.40 Ex GST
- Year 2: ($175.00/m2 Ex GST): $34,398.00 Ex GST
- Year 3: ($190.00/m2 Ex GST): $37,346.40 Ex GST
- Year 4: 4% increase

Unit 3:
- Internal size is approximately 196.56m2.
- 4-year lease + 4-year option with a market review prior to the commencement of option.
- Outgoings payable at 50% which include council rates ($826.20 pa), water rates & ($33.45 pq + usage) & strata fees (where a strata plan may be registered in the future by others)
- Outgoings payable at 100% at the commencement of option.
- Year 1: ($170.00/m2 Ex GST): $33,415.20 Ex GST
- Year 2: ($180.00/m2 Ex GST): $35,380.80 Ex GST
- Year 3: ($195.00/m2 Ex GST): $38,329.20 Ex GST
- Year 4: 4% increase

Unit 4:
- Internal size is approximately 280.56m2.
- 1-year lease + 1-year option with a market review prior to the commencement of option.
- Outgoings payable at 50% which include council rates ($1,178.78 pa), water rates & ($47.25 pq + usage) & strata fees (where a strata plan may be registered in the future by others)
- Outgoings payable at 100% at the commencement of option.
- Year 1: ($170.00/m2 Ex GST): $47,695.20 Ex GST

Total Outgoings:
Total Council Rates: $7,314.80 per annum approx. (subject to change)
Water Rates: $296.18 per quarter + usage approx. (subject to change)

* Harcourts has made every effort to obtain the information regarding these listings from sources deemed reliable. However, we cannot warrant the complete accuracy thereof subject to errors, omissions, change of price, prior sale or withdrawal without notice.