Industrial Bobby Dazzler

73 Lake Road, Hamilton

Industrial For Sale

For Sale
Land Area: 599.00 m2.    Floor Area: 340.00 m2.    
Sale Price: $869,000.

Description

An opportunity that should appeal to everyone! First time buyers or owner operators, residential investors chasing yield. This affordable, freehold fee simple (no body corporate) building comprises two tenancies, one is currently vacant and the other one is returning $18,000pa net, with built in rental growth. The property is on a high profile corner site on ever popular Somerset Street (corner with Lake Road).

For Sale by asking price $869,000. 

Features

  • Two self-contained industrial units
  • Opportunity for owner occupier using one unit while getting income from the other
  • Built in rental growth with the current tenant
  • Freehold Fee Simple corner site

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