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  • Sold
Income Generating Warehouse in Perfect Location - #1
Income Generating Warehouse in Perfect Location - #2
Income Generating Warehouse in Perfect Location - #3
Income Generating Warehouse in Perfect Location - #4
Income Generating Warehouse in Perfect Location - #5
Income Generating Warehouse in Perfect Location - #6
Income Generating Warehouse in Perfect Location - #7

Income Generating Warehouse in Perfect Location

- The sites current configuration holds two distinct adjoining holdings identified as 67 and 73 McMichael Street, Maryville.

- 67 McMichael Street incorporates a single storey commercial office building currently leased on a new 3 + 3 + 3 year term to Forum Engineering for $65,000 p.a. net.

- 73 McMichael Street offers a vacant industrial warehouse with associated two storey office and amenities accommodation with an estimated market income once leased of $55,000* p.a. net.

- The combined holding provides a regular shaped corner position with a site area of 1,072.4sqm and an assessed lettable area of 787sqm* which reflects a 67% site coverage.

- The asset provides a unique opportunity for an astute investor or part owner occupier to capitalise on the dual income potential the site provides in an excellent CBD fringe location.

- This offering is For Sale by Private Treaty.

For more information please contact the exclusive selling agents of Colliers International, Tim Woolf or Luke Rutledge.


*Approx.
  • 26/09/2020
  • Contact our experts for details on this transaction