Building for sale with current long term lease in place. Land area 800m2 (more or less).
Lease Details:
Commencement date - 9 April 2011
Term - 20 years
Rights of renewal - Two (2) of five (5) years each
Renewal dates - 2 April 2031 and 9 April 2036
Rent reviews - Two yearly
Final expiry - 8 April 2041 (subject to renewal)
Car parks - In common with other tenants of the complex
Current rental - $87,040.00 pa + GST + outgoings