Appleby Commercial are pleased to offer 9 Gilbert Park Drive, Knoxfield to the market for sale. Outstanding opportunity to secure a multi-functional standalone facility located in the heart of the Knoxfield Industrial estate. The property is currently split into two warehouses which are both leased. Warehouse 1 (Size: 950 square metres) is leased to Hub Furniture Lighting Living at a rental of $77,269.09 per annum plus GST plus outgoings, the lease term is a month to month lease. Warehouse 2 (Size: 1001 square metres) is leased to Lowe Furniture Pty Ltd at a rental of $77,269.09 per annum plus GST plus outgoings. The lease term for warehouse 2 is a 5 year lease which commenced on the 1/4/2021, there is one further option of 5 years. Due to the flexibility of the warehouse 1 lease agreement, you have the option to continue the rental income for both warehouses or choose to occupy warehouse 1. Excellent options available. FEATURES INCLUDE Total Building size: 1,951 square metres Total Land size: 3,746 square meres Significant Rental upside Multiple Roller doors Standalone facility 3 phase power High clearance warehouse (7.1 metres) Ample onsite car parking Office space Good truck and vehicle access Only minutes from Eastlink
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