* A rare opportunity to secure a multi-tenant industrial investment property
* Return of 7.8% net on asking price - a great return on your money
* Freehold land title with a large land area of 2,054 sqm approx - double block frontage
* Total lettable area of 870 sqm approx. which comprises air conditioned showroom units (various sizes) and single garage size storage units.
* Great onsite parking for 17 vehicle spaces + 2 short term "loading" spaces
* Additional fenced carport area adjoining unit 8 of 32.5 sqm approx. with Shipping container that offers an opportunity for the new owners personal storage or another income stream potential.
* Direct street frontage for the majority of tenants
* Well maintained with excellent presentation.
* Large Pylon directory signage.
* Gross rental in excess of $145,000 pa GST Ex, low operating costs in the order of $18,000 PA GST Ex approx.
* Prime Location in close proximity to majors brands includes Coates Hire, Hertz car rentals, Repco, Bing Lee, Spotlight, The Good Guys,
* Easily managed property, ideal for SMSF or passive investors.
* First time on the market in 18 years, reluctant sale
* Call Raine & Horne Commercial Port Macquarie
Shop 3, 136 William Street, Port Macquarie NSW 2444
T : 02 6584 0544
