Get in the black with this quality Miles investment
AN OPPORTUNITY exists to pick up this tenanted industrial investment property at 1 Mary Street, Miles.
Constructed in 2012, this property has been occupied by Black Toyota since new, with the business using it as a service centre for the maintenance of Toyota vehicles in and around Miles and the Western Downs - particularly servicing the large fleets from the resource sector as well as local graziers and other Toyota owners.
Black Toyota is owned by AP Eagers (an ASX-listed company) and there is a lease in place until February 2020 with a 3-year option.
The premises consists of an air-conditioned reception/office area, male and female amenities, mezzanine storage room and a fully approved undercover wash bay and workshop area.
The property is fully securely fenced with a substantial concrete apron for parking, with the balance of yard bitumen and all-weather hardstand.
This is an A-grade investment with a quality tenant in place and presents an exceptional opportunity to acquire a premier tenanted industrial investment under $700,000.
For more information on the property contact Nick Koenig, Raine and Horne Commercial (Commercial / Industrial Sales & Leasing) on 0447 660 199 or 4638 5222 or visit the office at 611 Ruthven Street Toowoomba.