Great Investment! - $100000

Description

62-64 LORDS PLACE, ORANGE STRATA TITLE WAREHOUSES ALL ZONED INDUSTRIAL Shed 12 Leased to Konecranes. Area of 120 sqm. 12 months commencing 12th March 2008. 12 month option. Rent $880 per calendar month inc GST. Outgoings $1600 per annum (to be assessed). Income $9600 p/a, less GST of $1600 p/a, Nett $8000 p/a. Price: $120,000 7% nett to be sold as a going concern Shed 11 Leased to Coca Cola Amatil. Area of 200sqm 3 year option exercised effective of 31 July 2008. 3% increase. Rent $17620 per annum plus GST plus 3% increase. Total income after 31 July 08 $18,148 plus GST Outgoings approx $2000.00 (to be assessed). Nett $16148.00 Price $220,000 7% nett; to be sold as a going concern Shed 18 Leased to Goodman Fielder Area 245 sqm 1 Year lease with a 1 year option commencing May 2008. Rent $19600.00 per annum plus GST Outgoings $2200.00 per annum (to be assessed) Nett $17400 per annum plus GST Price $210,000 8% nett to be sold as a going concern