Incredible Industrial Opportunity!
• Zoned Industrial 1
• 820 m2* building size
• Huge 1,151m2* allotment
• Rear shed offers 505m2* of space and is currently vacant - Appraised rent = $32,000* per annum
• Front shed offers 315m2* of space and is currently leased at $17,480.07 per annum + GST & outgoings, market rent being $23,000 per annum* (Outgoings include power, water usage and 50% of council rates)
* Front Shed September renewal - Expected market rent $23,000
• Perfect for an owner occupier to move their business to the rear while leasing the front to the separate tenant for dual income or a savvy investor looking to get into the market with a Bluechip investment opportunity
• Incredible location near SPC and the extremely busy Lockwood Road precinct
• Bonuses include 3 phase power, high ceilings for extra space, two huge roller doors allowing easy access for small or large vehicles/trucks & mezzanine floor for storage
• Market rental value for total premises - $55,000* pa plus GST and outgoings
• Potential 50% stamp duty saving.
*Approximates Only