Situated in the heart of the light industrial area of Margaret River, this large 2,901m2 lot comprising of 3 separate strata titled lots.
Features:
• Currently leased to Australia Post on a 3 year by 3 year term and a local transport company until April 2024 with options.
• Strata lot 2 contains a warehouse of 424m2 and a laydown area of 487m2 (Transport).
• Strata lot 3 is a vacant strata lot of 278m2 (Australia Post).
• Strata lot 4 contains a warehouse/office of 350m2 and a laydown area of 406m2 (Australia Post).
• Subject to state and local authority approvals, further development of the site could be possible.
• Current rental showing a nett return of 6%pa.
Sold as a going concern.
For more details contact John Reid or Michelle Pownall.