20 Manuka Street Winton QLD

Affordable ASX Investment $1,050,000 (8.04% return) Up to 89% Depreciation Available
20 Manuka Street is a free-standing retail warehouse near the centre of Winton. The building consists of a showroom style retail and customer service area, with a warehouse at the rear. The building is situated roughly in the centre of the land with a drive around roadway. The warehouse has roller doors to the side of the building, with an awning to protect goods for stock integrity. There is a further small storage shed at southeast corner of the property. The rest of the property is given over to a hard stand/driveway and compacted yard for vehicle manoeuvring and outdoor storage. The property is surrounded by a security fence. The building was constructed in 2023 and is 570 sqm with a land area of 3,399 sqm.

• Secure leases to one of Australia's best-known company's
• Options to 2038
• Elders a dominant position providing vital regional supplies
• ASX listed tenant with 187-year history
• Modern buildings with large land holdings
• High profile locations
• Tenant pays all usual outgoings (excl land tax)
• Annual CPI rent increases (capped at 3%)
• Valuable depreciation benefits (up to $939,800)
• Easily managed ingle tenant investment

Net income: $84,370 + GST

Price: $1,050,000 (8.04% return)

Depreciation: Up to $939,800 available
Features
  • Air Conditioning
  • 3 Phase Power
  • Retail
  • 3,399 sqm
  • 570 sqm

Agent Details

Make an Enquiry