• For Sale
  • Industrial
Diversified Investment - 9% Yield
Diversified Investment - 9% Yield
Diversified Investment - 9% Yield
Diversified Investment - 9% Yield

For Sale

$1,540,000 AUD

- The subject property is located in the heart of the Muswellbrook industrial estate and is made up of two tenancies spread over two separate titles totalling 9,512sqm*. The site has potential for development upside and rental growth in the future (subject to council approval).

- Both tenancies include reception, multiple offices, warehouse, training/boardroom, amenities over two levels with a combined building area of 1,050sqm* and benefit from plenty of on-site parking.

TENANCY 1
Tenancy 1 consists of part 14 Strathmore Road including the front warehouse, office, wash bay, parking plus rear yard area. The tenancy also includes a recently upgraded compacted gravelled yard area with security fencing, lighting, power (200Amps) and water over the site at 12 Strathmore Road. Tenancy 1 is currently leased to Hunter Engineering and Fabrication Pty Ltd.

TENANCY 2
Tenancy 2 is made up of part 14 Strathmore Road and consists of warehouse and office with plenty of parking. The tenancy is leased to Comprint Solutions Pty Ltd who have been situated in the premises for 10 years+ and have recently signed a lease renewal which comes into effect in November 2019.


For Sale $1,540,000 (sale of going concern)

For more information, please contact Ben Curran.


*Approximate.

Property Details