A unique investment opportunity in the heart of Echuca's industrial sector.
This expansive industrial complex occupies a substantial portion of the original Echuca Ordnance Factory.
Key Features.
-Land Area: 1.184 HA
-Building Area: 5,170 M2
-Zoning: Industrial 1 Zone
-Gross Income: $115,800 ( Approx )
Strategically located on the corner of Darling Street and Stawell Streets Echuca.
Offers an array of opportunities and possibilities.
This complex consists of two detached, freestanding industrial sheds, both of which exhibit a classic sawtooth and gable roof construction style.
The main building, covering approximately 37m x 110 m 4070 sqm ( Approx ) has been internally divided to accommodate numerous tenants. The second building, approximately 10 m x 110m 1100 sqm ( Approx ) offers 10 informal but divided style storage sheds.
With ( approx ) 31 tenants, many of whom have occupied their spaces for over 5 years, this complex generates a stable income stream. The casual, month-to-month tenancy allows flexibility for both tenants and the owner.
Currently, the complex operates as a storage shed facility, with an on-site Caretaker on site.
This industrial complex offers a blend of income potential, and future growth opportunities. Whether you're an experienced investor or an owner operator this property provides an opportunity for the future.
NB - Currently Vacant
- A Large Warehouse Vacant ( Owners Use )
-Unit / Storage ( Owners Use )
-Some Small Storage Units.
Property Report and Contracts available upon request
Auction On Site Friday 17th May 2024 at 1:00 PM .
Terms: 10% Deposit Balance 60/90 days
Brief History
The Ball Bearing Company
The Echuca Ordnance Factory
SKF ( a Swedish Ball Bearing Factory )
(Later named United Bearing Corporation Pty. Ltd)
In August 1942, the Australian government spent £100,000 building a ball-bearing factory in the Victorian town of Echuca.
Disclaimer: All property measurements and information have been provided as accurately as possible by the Vendors and the Selling Agents. Wood O'Brien P/L T/As Charles L king & Co First National do not accept responsibility or liability for any misdescription or inaccuracies.
