Fully Tenanted Affordable Industrial Site
- Land: 3,588m² (0.89 acres)
Fully Tenanted Large Affordable Industrial Site with Excellent Spread of Risk. Options here to live and work onsite or as a potential development site (on 4 titles = total area 3,588m2*) currently with 4 houses, garages, storage sheds, workshop and large shingle yard area.
Convenient location, handy to city centre and only 1 building away from the busy Garlands Road ring road system. Great holding income ($1,605per week). Rare opportunity for investors (four income streams to spread risk), developers (e.g. storage units, warehousing, contractors depot/yard or showroom / office / apartment complex) to land bank and collect rent from buildings in the mean time.
NB: Rear site at 133b has first right of refusal to purchase by the commercial tenant. (*approx)
Price for Sale: Vendor will consider offers over $1,200,000 + GST (if any)
3,588m² / 0.89 acres
B4 And B5