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Unit 2/42 Carmel Street
Garbutt QLD 4814
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Sold on 25 Nov 2019

Unit 2/42 Carmel Street Garbutt QLD 4814

  • Factory, Warehouse & Industrial
  • 121 m²
  • Sold, $283,000

Ideal Industrial Warehouses for an Investor

This modern tilt slab warehouse is part of a six unit complex that was built in the year 2000 and is now available for immediate Sale as a great investment. Unit 2 is a 121m2 warehouse and is for sale with a 3 Year Lease in place for $22,757 Net plus GST to Kone Elevators. This means you can buy your own warehouse as an investment with close to an 8% Net Return for only $305,000.

It is a high clearance warehouse with a large automatic roller door plus two large and neat offices along with a disabled toilet, shower and kitchenette. The complex has been well looked after and this warehouse would suit an investor looking for a stable return for the future. The current tenant Kone Elevators have been in the complex for many years and recently signed a new 3 Year Lease.

Unit 2 is available for sale for only $305,000 which is a great return on the current net income. To arrange an inspection contact Shaun McLaren at Colliers International today.

Highlights:
* 3 Year Lease in Place till March 2022
* High Clearance Warehouse & Auto Door
* Ideal for First Time Investor

Property Highlights

Date Sold25 Nov 2019
Sold Price$283,000
Floor Area121 m²
Land Area121 m²
Parking3 x Onsite parkings
Property ID2015615022
Category
Last updated  18 Dec 2019
Map for Unit 2/42 Carmel Street Garbutt QLD 4814

Property Highlights

Date Sold25 Nov 2019
Sold Price$283,000
Floor Area121 m²
Land Area121 m²
Parking3 x Onsite parkings
Property ID2015615022
Category
Last updated  18 Dec 2019
Federation Place, Level 1, 42 Sturt Street Townsville City QLD 4810

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