13 Farrow Circuit, SEAFORD, 5169, South Australia

  • 1093sqm
22264735.full

Subject: 13 Farrow Circuit, SEAFORD, 5169, South Australia

For sale

Please Refer Agent

High Quality, Leased Investment with long term Government Tenant!

Property ID: 19221478

Total land size approx. 2,443sqm housing three separate Warehouse units that can be combined to provide a total of approx 1,093sqm of quality improvements plus EPA approved, 10 × 4m wash down bay supplied with two rainwater tanks.

Modern, full colorbond warehouse with high clearance of approx. 7m, 3 phase power, high clearance electric roller doors on each unit and high bay sodium mercury lighting. Each unit has an approx 351sqm of floor area. Site is fully fenced with high security mesh fencing and an expansive hard stand area.

Currently enjoying a Government tenant on a long lease, you’ll walk into a substantial instant income!

Current Lease details

$48,425.61 pa. plus GST and outgoings (CPI increases)

The initial 5 year term commenced 15th of January 2016 and expires 14th of January 2021

with 2 × 2 × 1 options to renew with market review at renewal

Ideal opportunity with the best of both worlds! Get in contact today for more information!

All inquiries Derek Blacker ph 0413274481

RLA 166790/205498/236458

Building / Floor Area1,093 sqm
Land Area2,443.0 sqm
TenantedYes

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