Freestanding Site with Large Parcel of Land
There are two main buildings on the property. A large workshop complex covering 780m2* that contains work bays, storage areas and offices. Constructed using a mix of steel and colour bond steel it's a low maintenance environment with ongoing costs minimised as a result.
The second building is a relatively new structure of approximately 230m2* constructed using concrete blocks and erected 2015 for the purposes of storing and servicing heavy vehicles. It has an oil recycling system which includes storage tanks etc.
There's great exposure for the property to busy Carter Road, with customer parking provided outside the front gates allowing a purchaser to control vehicle and pedestrian access to suit safety requirements.
With large areas of native bush and unused land to the rear this is an interesting opportunity in an area that shows a lot of promise over the coming years.
• $90,000 Gross Income
• 9,879sqm* Block
• 1,010sqm* NLA across two buildings
• Large hardstand
• Sealed car park
• High visibility to busy Carter Road
• Room for future development (STCA)
• Growth area
This property will be sold by way of Expressions of Interest closing 4pm Thursday 25 October 2018.
For further information or to arrange your inspection contact our exclusive marketing agents Michael Shadforth 0488 981 076 or Blair Burr 0447 196 598.
|Tenancy Status||Currently Tenanted|
|Annual Yield (Gross)||N/A (Marketed Without Price)|
|Annual Yield (Nett)||N/A (Marketed Without Price)|
|Title Scheme||Not Applicable|
|Water Charges (Annually)||$2,500|
|Council Rates (Annually)||$5,700|
|Strata Fees (Annually)||$2,800|
|Total Annual Costs||$11,000 *|
|Nett Annual Income||$-11,000 *|
The above figures are estimates and should not be relied upon by a purchaser. The returns are not guaranteed. Further disclaimers apply.
* Total annual expenses are based upon information provided by the vendor. They exclude potential costs that will vary according to the purchaser. Excluded costs include, but are not limited to, management and leasing fees, marketing costs, repairs and maintenance.