FREEHOLD WITH SECURE INCOME
10 Commercial Drive, Ashmore - This is an outstanding opportunity to secure a freehold tenanted investment with major rental reversion, anchored by a triple net lease to a long-standing blue chip national tenant with a 20+ year trading history.
This parcel benefits from significant street presence, excellent accessibility, and a strategic location within close proximity to the CBD, with future potential upside through the ability to split, lease individually, or strata title (STCA) to maximise income and value.
Key Fundamentals:
- Land Area of 1,444 m2*
- Building area 777 m2*
- Leased to March 2027 + 1 x 5-year option to March 2032, with market review at option.
- Below-market rent presenting future rental upside (Estimated 5.7% Net Yield)
- 8 electric roller door bays
- Well-appointed fitout with significant tenant investment into spraybooth etc.
- Reception, office and mezzanine areas
- High-bay LED lighting and 3-phase power
- Insulated roof lining for temperature control
- Besser block construction with recent roof upgrade
- Security system and external flood lighting
- Multiple male & female amenities
- Freshly painted and well-presented throughout
For more information or to arrange an inspection, please contact the exclusive marketing agents Mason Wilkinson on 0455 187 766 or Kris Sonter on 0410 082 283
* Denotes approximation only
Contact The Agent
Kristoffer Sonter
Principal
Mason Wilkinson
Commercial Sales & Leasing