Property ID: 18303941
PART LEASED & PART AVAILABLE FOR OCCUPATION – OCCUPY OR INVEST
8 Hunt Street Malaga offers a unique opportunity for a green title holding with the opportunity to invest or occupy with Unit 2 currently leased and Unit 1 available for occupation.
Site area: 2,170sqm
Unit 1: 795sqm total, 204sqm office & 591sqm warehouse (Available for occupation)
Unit 2: 795sqm total, 204sqm office & 591sqm warehouse (Leased)
> High Truss
> Overhead Crane – Unit 2 only
> Motorised roller door with awning
> Three phase power
> Tiled ground floor entry/ reception
> Carpeted first floor office
> Air conditioned ground and first floor
> Male and female amenities, shower & kitchenette
> External Lighting
> Two driveways with gated access
> Concrete car park with undercover bays
> 32 car bays on site
> Verge parking on Street
Unit 2 Lease Details:
> Term: 4 years expiring 31st March 2020
> Option: 3 years
> Rent: $111,392.50pa + Outgoings + GST
> Rent reviews: 3% increase annually. Market rent review at option
> Bank Guarantee: $20,000
The property is well located and is within close proximity to Beach Road, Malaga Drive and Alexander Drive providing access to Reid/Tonkin Hwy.
Asking Price $2,690,000 + GST (if applicable)
Unit 1 also available for sale or lease as vacant possession.
> 795sqm office / warehouse
> Asking Price $1,390,000 + GST
> Asking Rent $79,500pa + Outgoings + GST
For further information or to arrange a viewing please contact the sales and leasing agents.
|Building / Floor Area||1,590 sqm|
|Land Area||2,170.0 sqm|
Our full-service commercial real estate network can provide in-depth knowledge of local and regional property markets, with insight and understanding that comes from being a part of a long-established national and international property group. Committed to personalised service and achieving unsurpassed results, our clients continue to benefit from our network strength, which allows substantial cross-flow of international referral, advice and investment.
The Raine & Horne Commercial network is comprised of 100% owner-managed offices and includes numerous industry leaders and award winners. We employ agents who are empowered, encouraged to share and who maintain first rate communication to deliver the best possible outcome with every transaction. We pride ourselves on staying abreast of local and national trends and developments in the property industry, resulting in consistently cutting-edge services and holistic solutions for our clients.
Our industry experts embody and respect the family-oriented values synonymous with the Raine & Horne Commercial brand, allowing us to provide a complete range of professional services for all aspects of commercial, industrial, retail sales, leasing and specialist properties.