Secure 6 year lease to Bullivants Pty Ltd from 24 November 2013 plus options.
Business over 120 years old and now owned by Wesfarmers Limited.
Wesfarmers Ltd, a top 10 ASX company with a market capitalisation of $50 billion.
Tightly held Port of Newcastle precinct.
Land area of 4,692 sqm.
Modern freestanding 2,343 sqm office/warehouse.
High clearance with container access.
6.3 tonne overhead crane.
On-site parking for 26 cars.
Extensive recent building refurbishment.
Outgoings paid by tenant, as per lease.
Net Income: $238,000 pa + GST.

For Sale by Private Treaty
Indicative Asking Price $2,725,000
Yield $8.75%

Darren Beehag 0411 226 223