Sold
This is a winner! Large factory/warehouse with extensive offices, toilet, kitchen and massive work space.
Owner holds a current lease for the next 3 years plus an option for a further 3 years, making the return a great incentive. The rent is $39,600 per annum plus all outgoings paid by the tenant.
Currently being used for cabinet making, specialising in kitchen production, this factory has excellent potential.
Pay $660,000 and receive a rental income of $39,600 pa plus outgoings plus GST ($39,600 net rent pa / $660,000 purchase price = 6.0% return).
- General Industrial Zoning
- Covered parking
- Fenced and security gates
- Land Area 1,012 sqm
- Building Area 580 sqm + large lean to
Call Mike Palmer 0403 621 899
Call Mike for details - 0403 621 899