37 Johanna Boulevard - freehold Investment
For Sale - Near New Warehouse/showroom complex in Johanna Boulevard
This near new modern showroom/warehouse property is very well situated at the corner of Johanna Blvd and Lillian Crescent in the fashionable Kensington Estate. Floor are of the complex is approximately 625m2 with with high roller door access to the warehouse and glass and aluminium frontage to the shop. The shop/retail store area of the building is airconditioned.Current 5 year lease to Lifeline with 2 further 5 year option periods to follow.
Construction completed July 2016 and as such presents like brand new.Great opportunity to own this immaculate property
$1,520,000.00 GST Exempt
- Excellent Johanna Boulevard freehold property
- High profile Johanna Boulevard & Lillian Crescent corner position
- Purpose built for Lifeline
- Showroom and Warehouse
- Floor area approximately 625m2
- Customer carpark at the front of the complex
- High roller door access to the warehouse area
- Glass and aluminium frontage to the showroom area
- Five year lease to Lifeline commenced 25/07/2016
- 2 five year options to follow
- Net 7% return on investment, plus building depreciation
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