- Income: $300,000 pa net
- Long established tenant, Ingal Civil
- Land area: 6,533 sqm*
Description
An outstanding opportunity to acquire a securely leased industrial investment, home to Ingal Civil which parent company is listed on the New York Stock Exchange, with a market cap of $5.3 billion.
Expressions of Interest close Thursday 13th May 2021 at 2pm
Key property features include:
* Tenant: Industrial Galvanizers Corporation T/as "Ingal Civil"
* Income: $300,000 pa net (Tenant pays all outgoings including land tax and management fees)
* Term: New five (5) year term
* Long established tenant
* Annual 3% fixed increases
* Building area: 3,140 sqm approx.
* Land area: 6,533 sqm approx.
Located in the tightly held MAB Northcorp Business Park. Whilst securely leased, the property offers a future proofed location and exceptional existing structure on a substantial land holding.