Blue chip tenant in place with a recently renewed lease at $80,000 annual rent plus GST and Outgoings (Circa $18K). New lease signed at 5+5+5 with annual CPI increases to Woolworths Group Limited - PFD Food Services Pty Limited.
With almost 5000sqm of land not in use by the tenant, this 3 acre site lends itself to further development STCA, thereby maximising your potential return. Parkes is fast tracked to explosive growth due to state significant development (SSD), and government investment occurring in the nearby Special Activation Precinct and is therefore in need of more commercial and industrial development.
Improvements to this site include; 2 story office complex with attached warehouse and walk in freezer, open awning with walk in freezer and detached warehouse. Man proof fencing surrounds the sealed accesses and hardstand areas which are accessible to heavy vehicles by wide roads nearby to the current Newell Highway access point for the Parkes Industrial Estate. Parkes is an incredibly important location for manufacturing, mining, agriculture, warehousing and freight distribution and is halfway between Melbourne and Brisbane on the Newell Highway. Being the rail roundabout of the nation, Parkes is the only location in Australia that can move freight North, South, East or West, servicing 80% of Australia's population with overnight delivery.
Now is your chance to get in early and secure a versatile site with multiple development and return options. Phone Tracie Robertson and the team at Ray White Parkes today for more information on 02686219....