DESCRIPTION:
* Leased building returning $137,384 per annum gross
* Vacant industrial land
* Combined development site with holding income (STCA)
* Potential for improvement - 600m2 approximately vacant
Passed in at auction; and for sale at 8.5% Net Return and with potential to subdivide and or build further on +2000 sqm (STCA)
LOCATION:
Located approximately 20 radial kilometres from the CBD, Lawnton is one of Northside's more established small industrial areas. It has a mix of light and general industry with a substantial bulky goods retail strip on Gympie Road. The Bruce Highway and Gateway Motorway can be reached in approx 5 minutes.