Commercial Investments in Prime Location on SH1
Description
Two industrial buildings on separate titles, one of which totals approximately 1390 m2 of land and is currently leased, showing around 7% gross return. The building has a floor area of approximately 325 m2 and a stud height of approximately 5 metres. This title would be sold with the tenant in place.
The other building which is larger, sits on a section totalling 2023 m2 approximately, is available either for lease, or for purchase. It has operated for many years as an engineer’s shop, with the ability for trucks to drive into the building from either end. Upstairs features a tidy and functional reception area, an office/meeting room with windows looking out over a very large workshop below, a spacious staff room with kitchen facilities. The building also has multiple toilets and showers. The floor area of the workshop totals 654 m2 and the upstairs rooms total 77 m2.
There are multiple access points into the property and the buildings have a combined concrete apron totalling 540 m2 making for convenient and easy loading and unloading of trucks. The property is securely fenced along with an alarm system.
An additional 8000 m2 of land subject to final survey and title will give intending purchases opportunity to expand the business or use as storage.
Call the sole agents to discuss the purchase or lease options today to avoid missing out on this outstanding opportunity.
