



Opportunities like this are rare-an investment asset anchored by a tenant of over 25 years rarely comes to market. Positioned in the heart of Glendale, the property enjoys excellent exposure and consistent passing traffic, surrounded by well-known businesses including Red Rooster, NIB, and Shell. The building offers a versatile layout comprising showroom space, office accommodation, and two workshop bays, catering perfectly to the tenant's operational needs. Generating a strong net income of $112,072 + GST per annum, the property is securely leased until 2028, with a further three (3) x three (3) year options. The tenant is responsible for 100% of outgoings, providing a true set-and-forget investment. This property is being offered for sale as part of a partnership wind-up, presenting a genuine opportunity to secure a tightly held asset
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Property ID: 505178884
Original Property ID: 505178884