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7 Bay Drive, QUOIBA, TAS, 7310
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2. Property Highlights

Modern Warehouse & Showroom – Fully Leased to Elders

Knight Frank is pleased to offer for sale this highly affordable blue chip industrial investment, located in a popular industrial location within Quoiba.

Situated on a site of 2,036 sqm (Approx.), the building of 643 sqm (Approx.) comprises a modern office/showroom and warehouse with drive through access, substantial concrete hardstand and a rear crushed rock storage area.

The property has been fully leased to Elders Rural Services Australia Limited since 1 October 2010, with recent agreement on a term of 3 years from 1 October 2020 with a further option of 2 years. Rental from 1 October 2020 is $37,609.68 + GST and outgoings. In addition to the base rental, the tenant pays $680.30 per month to the Landlord based on capital works completed by the Landlord in 2010 to install the showroom component for Elders.

Estimated Net Income $36,789 (before owners outgoings).

For further information or to arrange an inspection, please contact Nicholas Bond of Knight Frank.

Remember to mention you found this property on CommercialReady.com.au

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Nicholas Bond
Nicholas Bond
+61 *** *** *** show +61 414 395 007

3. Property Location

7 Bay Drive, QUOIBA, TAS, 7310

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4. Due Diligence

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7 Bay Drive, QUOIBA, TAS, 7310 Quoiba
Elders Tasmania
Elders Tasmania
5 Victoria Street, Hobart, Tasmania, Australia, 7000
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Nicholas Bond
Nicholas Bond
+61 *** *** *** show +61 414 395 007
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