$320,000

Dixon Commercial Real Estate are pleased to offer for sale 51 Bennu Circuit, Thurgoona via an Expression of Interest campaign closing Friday 5 September at 12 noon.

The subject property comprises two separate buildings, totalling an area of 3,345 square metres, complemented with frontage to both Bennu Circuit and exposure to the Riverina Highway. The site comprises an area of approximately 7,643 square metres.

The buildings consist of open planned corporate showroom at the front of the property, with a separated trade retail, high-clearance warehouse (10 metres), storage and office. The building is constructed with precast concrete walls and corrugated metal, presenting a modern industrial premises, which also allows for convenient drive-around access and ample staff and customer car parking.

The purpose-built property has been occupied by Southern Plumbing Plus for over 15 years, and who have just entered into a new five (5) year lease expiring in June 2030.

Southern Plumbing Plus is an independent supplier of plumbing, bathroom, kitchen and laundry products in the Canberra region, southern NSW and north-east Victoria and has been a long-standing tenant and outstanding covenant.

Lease Details:

• Tenant: Southern Plumbing Supplies Pty Ltd


• Net Annual Rent: $320,000 plus GST


• Outgoings: Paid in whole by tenant


• Lease Commencement: 1 July, 2025 expiring 30 June 2030


• Term: Five (5) years


• Option: Five (5) years


• Rent Review: 3% or CPI Annually, whichever is lesser

Terms: 10% deposit, balance 60 days.

For more information or to arrange an inspection, please contact the agents below.