109-111 Broadmeadow Road Broadmeadow NSW 2292

CURRENT BID $1,960,000 - 11 QUALIFIED BIDDERS. The Openn Negotiation is underway (online auction with flexible terms for qualified buyers) and the property can sell as early as tomorrow. Contact Steve Dick on 0425 302 771 immediately to become qualified and avoid disappointment.

This well-built investment property has never changed hands since the day it was built. The property has been occupied by Ross Joice Agencies as a tenant since it was constructed approximately (39) years ago. This building represents one of the rare inner-city warehouses, that will benefit from the densities that are occuring in the CBD creating strong demand for buildings that can supply services.

The tenants have just signed a new (5) year lease with a (5) year option.
Net Income: $109,620pa + OGs + GST

With front and rear drive-through access into a high clearance warehouse area the building also offers brick security, air-conditioned offices and a secure rear yard area. Making it an ideal and easily maintained investment property. The building is being sold to finalise a deceased estate portfolio.