EXPRESSIONS OF INTEREST
Exciting investment opportunity with existing income stream and further development potential.
With three separate titles the options are many and varied.
153 Prince St (Lot 50): Soon to be vacated by the existing tenant this features a 662.3m² lot with large format office/retail space with of almost 500m² in floor space. Tilt slab construction, full glass frontage. Currently fitted out as office space but easily converted to open retail floor space. Note this building was originally designed to be easily split into two separate tenancies.
8 Wykes Lane (Lot 51): 593.5m² lot accessed off Bacon Street featuring a brick warehouse style building of approximately 440m² fitted out internally, with 39 individual storage units providing a potential income stream in the vicinity of $600 per week.
9 Wykes Lane (Lot 52): 1830m² lot also accessed off Bacon Street. Features a steel framed colorbond shed divided into 12 individual storage units providing a potential income stream in the vicinity of $300.00 per week. Also features a vast tract of, as yet, undeveloped commercially zoned land.
Properties of this calibre and scope in the CBD of Grafton are few and far between. Here is an outstanding opportunity to unlock the potential and reap the future rewards of this premium commercial holding.
Nearby major retailers include Harvey Norman and Aldi.
Owners would consider sale of property as a whole or in individual parts.
Expressions of interest close 5pm June 28th.
Email to commercial@doughertyproperty.com.au
Information Memorandum and Contract for Sale available on request.
Contact Peter Grainger at Dougherty Property on 6642 2722 or 0417 217 046.
