DFR Commercial are pleased to present to the market this fully leased investment with six industrial units showing a nett annual return of $155,200.

This opportunity is an ideal hold and redevelop down the track with loads of scope and potential. The subject property is well positioned in the heart of Rockingham's industrial precinct only minutes to the center of the town. The block is a rectangular lot with a depth of 100.11 meters and good size frontage equaling 40.5 meters.

These properties are becoming increasingly hard to acquire and this site has the added advantage of having leases in place. If you are looking for a retirement plan and require a property with a steady income today, then this property is ideal

Property features:
- Total land area 4,031m²
- Total lettable area 1,928m²

Unit 1
- Total lettable area 661m²
- Warehouse 252m²
- Office Showroom 200m²
- Yard area 109m²
- 8 car bays onsite

Unit 2
- Total lettable area 339m²
- Warehouse 243m²
- Yard area 58m²
- 3 car bays onsite

Unit 3
- Total lettable area 252m²
- Warehouse 184m²
- Yard area 44m²
- 2 car bays onsite

Unit 3A
- Total lettable area 270m2
- Warehouse 198m2
- Yard area 48m2
- 2 car bays onsite

Unit 4
- Total lettable area 761m²
- Warehouse 480m²
- Office area 69m²
- Yard area 161m²
- 4 car bays onsite

Unit 5
- Total lettable area 363m²
- Warehouse 302m²
- Yard area 23m²
- 3 car bays onsite

Tenancy Details:

Unit 1:
- Annual Nett Rental: $40,000
- Lease Term: 5 x 5 Years

Unit 2:
- Annual Nett Rental: $19,200
- Lease Term: 2 x 2 Years

Unit 3:
- Nett Rental: $15,000
- Lease Term: 1 x 1

Unit 3A:
- Annual Nett Rental: $15,000
- Lease Term: 2 x 2 years

Unit 4:
- Annual Nett Rental: $45,000
- Term: 2 x 2 years

Unit 5:
- Annual Nett Rental: $21,000
- Lease Term: 2 x 2 years

Approximate annual outgoings: Council rates $16,819, water rates $610.44, land tax $983.55, insurance $4,126.63, gardening $818.16 and maintenance $1,000, Total: $24,357.78


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