• Sold
INVESTMENT WITH DEVELOPMENT UPSIDE
INVESTMENT WITH DEVELOPMENT UPSIDE
INVESTMENT WITH DEVELOPMENT UPSIDE
INVESTMENT WITH DEVELOPMENT UPSIDE
INVESTMENT WITH DEVELOPMENT UPSIDE
INVESTMENT WITH DEVELOPMENT UPSIDE

INVESTMENT WITH DEVELOPMENT UPSIDE

The property presents an excellent opportunity to acquire an affordable investment property leased to Furneys Rural Supplies. 

The property comprises a warehouse facility with drive through entry, warehouse area and office and showroom areas. The current building footprint reflects 25% coverage of the site, indicating substantial yard areas and the potential for future expansion or development of the site.

Key Features:

- Site area 4,009sqm
- Net income $85,111 pa (plus GST)
- Five year lease commenced 1 May 2019
- Building area 1,022sqm
- Long standing tenant
- Zoned B5 Business Development
- Drive-through warehouse

For more information please contact Trent Robertson of Colliers International

*Approximate

Property Details

  • 09/10/2020
  • Contact our experts for details on this transaction