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Retail Property

WOOLSTON 

Sold on 21 Mar 2014
  • Land: 3,588m² (0.89 acres)
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Retail Property in WOOLSTON

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)

Property ID:

CCM20745

Land:

3,588m² / 0.89 acres

Zone:

B4 And B5