12-14 , Faulding Street, CANBERRA, ACTPrice:
Type: FOR SALEProperty Features
Fully leased to two tenants.
92% of income from Telstra with lease to 2017 + options.
Modern office & warehouse facility, built 2007.
Recent multimillion dollar Telstra upgrade.
Capacity to expand building (STCA).
Major tax depreciation benefits.
> Telstra Corporation Ltd
10 year lease from May 2007 + options
> Amtech Precision Engineering Pty Ltd
New 8 year lease from April 2012 + options (Occupied this address since 2007)
Total Net Income: $1,489,626pa + GST (As at May 2013)
For Sale by Private Treaty
Indicative Asking Price $14,000,000
Net Yield (10.6%, approx)
- Telstra is Australia's leading telecommunication and information services company, with one of the best known brands in the country
- In 2010-11, sales revenue was $25billion
- Telstra has one of the largest shareholder bases in Australia, with 1.4million shareholders & millions more investing through superannuation funds
- Telstra employs more than 39,000 worldwide
Amtech Precision Engineering
- High-tech engineering company established 1985
- Manufactures components to customer specifications using advanced computer aided
- Wide customer base including government, military, mining, photonic and medical industries
FOR MORE INFORMATION, PLEASE CONTACT:
Darren Beehag 0411 226 223
Barton Commercial Property - ACT
Scott Molloy 0408 308 088
Phone: 0418 6****
Once you register as a Buyer you will be able to access all the phone details and many more features