With a motivated vendor and a recently reduced price, this is an opportunity that demands serious attention.
This unique road frontage unit offers flexibility for both investors and owner‑occupiers. The unit is fully leased with two tenancies, with high net returns or there is the opportunity for future partial owner occupation.
The ground‑floor tenancy includes 90m² of showroom office and 120m² of high-stud warehouse, providing a practical mix of spaces for a range of uses. The upstairs tenancy comprises 90m² of office area and is leased through to July 2027, offering secure holding income.
The ground‑floor tenant has indicated they may vacate before their 2027 renewal, creating an ideal opportunity for an owner‑occupier wanting immediate entry or continue with the current tenants at high returns. With strong road frontage profile and versatile buildings this unit is well suited to businesses seeking profile and functionality.
Situated on leasehold land, the property presents an affordable entry point for investors looking for a versatile industrial unit but with high cash returns and future occupation potential.
For further information please contact Simon or Rob today.
Features:
* 300m² Road frontage unit
* Opportunity to invest or owner-occupy
* Split tenancy income
* 4 exclusive car parks
* Central Mount industrial area
* Ground floor tenant may look to vacate before there 2027 renewal
* Unique ground floor showroom and high stud workshop
* Second floor office on long term lease
* Current net rental income of $33,787.86 + GST p.a
* Land rental fixed for the next 5 years
