Prime opportunity to secure this multi-premise industrial site adjacent Milvale Road. Approx. 595sqm building with showroom/office/amenities (current 2+2yr lease to 11/2021) Second shed approx. 150sqm's/holding yard under current commercial lease until April 2022. Combined gross investment income of $47,375.25 (Ex-GST) or sound 8.6% at asking price. Industrial zones approx. 2,884 sqm site in 2 titles, easy heavy vehicle access & shelter. Shed is internally aged, yet sound. Partly divided workshop/warehouse space + mezzanine. Dual access to site benefiting both tenants and new security fencing with 10m entrance. Residual land is ripe for further industrial development to further increase your return.
Please Note: Whilst all care has been taken by Ray White Young to ensure accuracy in preparation of the particulars herein, no warranty or representation, express or implied, as to the accuracy or completeness of the particulars provided is made or given by us and interested parties must therefore rely on their own enquiries. Liability for any error, omission, negligence or misrepresentation is hereby excluded.
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