• Iconic Investment Anchored By Telstra - Motivated Vendor
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    Iconic Investment Anchored By Telstra - Motivated Vendor $14,000,000
    Canberra, ACT 1 ha

    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 Corporation 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 manufacturing technology Wide customer base including government, military, mining, photonic and medical industries FOR MORE INFORMATION, PLEASE CONTACT: Darren Beehag 0411 226 223 dbeehag@burgessrawson.com.au CO AGENT Barton Commercial Property ACT Scott Molloy 0408 308 088 scott@bartonproperty.net.au

  • Iconic Investment Anchored By Telstra - Motivated Vendor
    +

    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 Corporation 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 manufacturing technology Wide customer base including government, military, mining, photonic and medical industries FOR MORE INFORMATION, PLEASE CONTACT: Darren Beehag 0411 226 223 dbeehag@burgessrawson.com.au CO AGENT Barton Commercial Property ACT Scott Molloy 0408 308 088 scott@bartonproperty.net.au