BOC, 138 Norrie Avenue, WHYALLA, SA, 5600

+ Twelve (12) year lease to October 2027 plus options to 2037.

+ BOC Ltd: wholly-owned subsidiary of Fortune 500 Linde Group, the world’s largest industrial gas company by market share/revenue.

+ Investor preferred net lease terms with BOC responsible for all outgoings including building insurance and land tax.

+ Annual CPI reviews with most recent Adelaide All Groups at 2.8%.

+ Immaculate 616sqm building constructed 2015 incorporating office, showroom, warehouse, canopy, and expansive hardstand.

+ Significant tax saving depreciation benefits with 25% of first years rent potentially tax free.*

+ Commanding 3,838sqm corner site with 108 metre dual frontage including 66 metres to Lincoln Highway.

+ Important store servicing expansive area – nearest BOC Gas & Gear store 290kms.

+ Strategically located in key industrial precinct amongst Coates Hire, Blackwoods, Tradelink, Mitre 10, Bridgestone, Komatsu & Beaumont Tiles.

+ 3km from Whyalla regional airport which is currently undergoing $12m upgrade - serviced by Qantas Link & REX.

+ Whyalla: port city and important iron ore export hub with $949m GRP supported also by thriving fishing and tourism industries.

+ Net Income: $189,357pa + GST**

For Sale by Investment Portfolio Auction

11.15am (AEDT) Thursday 11 November 2021

*Napier & Blakeley

**Assumed CPI increase as per most recent Adelaide All Groups.

RLA 293472

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