43 Alliance Avenue, MORISSET
Industrial
Secure Tenanted Investment
Property Highlights:
• Modern Construction: Built in 2021 by GWH, featuring durable concrete and Colorbond construction.
• Land Area: 1,522m² (Subject to sales contract)
• Building Area: 648m² (approx.)
Dual Tenancy: Secure income stream from two established tenants:
• Tenancy 1: Coastal Commercial Flooring Pty Ltd (Wholesale flooring), occupying 585m². 5-year lease commencing 08/07/2024.
• Tenancy 2: MOSEY ON PTY LTD (Mosey Coffee Roasters), occupying 63m². 3-year lease.
• Combined Net Rent: $137,000 per annum.
Strong Returns: Capitalised ROI of 6.2% based on purchase price of $2,200,000.
Established Tenants: Both tenants have defined lease terms with clear rent review structures.
Favourable Lease Terms: Tenants responsible for proportionate building outgoings.
Investment Summary: This property presents a compelling opportunity to acquire a recently constructed, dual-tenanted commercial asset in a growing area. Benefit from a stable income stream and strong long term tenant lease agreements.
• Modern Construction: Built in 2021 by GWH, featuring durable concrete and Colorbond construction.
• Land Area: 1,522m² (Subject to sales contract)
• Building Area: 648m² (approx.)
Dual Tenancy: Secure income stream from two established tenants:
• Tenancy 1: Coastal Commercial Flooring Pty Ltd (Wholesale flooring), occupying 585m². 5-year lease commencing 08/07/2024.
• Tenancy 2: MOSEY ON PTY LTD (Mosey Coffee Roasters), occupying 63m². 3-year lease.
• Combined Net Rent: $137,000 per annum.
Strong Returns: Capitalised ROI of 6.2% based on purchase price of $2,200,000.
Established Tenants: Both tenants have defined lease terms with clear rent review structures.
Favourable Lease Terms: Tenants responsible for proportionate building outgoings.
Investment Summary: This property presents a compelling opportunity to acquire a recently constructed, dual-tenanted commercial asset in a growing area. Benefit from a stable income stream and strong long term tenant lease agreements.