A major industrial holding on offer: Cyclone Tools regional axe handle factory in South Grafton, leased till May 2017 with 2 x 2 year options, comprises an impressive 2.09 HA of flood-free land enjoying frontages to both Swallow Road and Induna Streets. Rent is over $105 000 per year plus GST with tenant paying the rates.

Improvements comprise a massive and adaptable industrial complex with over 2800 sqm of lettable space. Dual street frontage allows for excellent truck & trailer access and delivery and shipping is a breeze for tenants here. There are excellent office and staff amenities.

Located just a few hundred metres from the Pacific Highway, the site is also close to main highway access to Armidale, Glen Innes/Tamworth and Lismore/Casino. The current tenants have an excellent and bespoke operation in place and all indications are they are well positioned to exercise their options. Should the property require new tenants at any stage in future its dual street frontages and large open floorplan ensure it would suit one large or several smaller operations with ease.

Ensure your future is secure. This asset offers an excellent return for your self-managed super fund or property portfolio. Opportunities for future extension and redevelopment are evident, but the possibility of a long and uneventful tenancy by the existing tenants is an exciting proposition for the investor.

For information, contact Adam Crawley on 0407 007 309 today.

Property Code: 645