MORTGAGEE SALE - MUST BE SOLD! Located on the corners of Flemington Road & Lysaght & Darling Streets this property would arguably be positioned in the prime location of Mitchell. This 310sqm warehouse must be sold. It is located at the rear of the development and comes with 3 phase power, excellent lighting throughout, kitchenette and toilet facilities. Could easily be converted into office space and has a wide ranging purpose clause which includes food. Hard to find better value in Mitchell!
Quality Showroom / Warehouse This modern unit of 180m2 has polished concrete floor to showroom area, ceiling and lighting with air-conditioning. Extensive security is in place including internal and external cameras and security door,s front and rear. The showroom has good natural light and leads through to an office or storage area with rear roller door access and warehouse.
Modern Industrial Investment
Leased to Woolworths Subsidiary New 5 year lease expiring March 2019 plus 4 x 5 year options. Functional 3,794 sqm building with timber storage and display, sales, office and admin uses. Large 6,723 sqm site with 47 carspaces. Business and premises will be significantly upgraded and rebranded to Home Timer & Hardware, at full cost to Woolworths. Major investment by Woolworths signifies long term investment prospects. Annual rent increases by CPI. Net Income: $335,289 pa + GST.
Auction 2pm Tues 24 June, 50 Margaret St Sydney
Kieran Bourke 0417 418 007 Dean Venturato 0412 840 222