- For Sale
For SaleAuction 15th Jul 2020 11:00am
One of the last remaining under-developed sites in Henderson, this property is for sale for the first time in over 20 years.
Long standing occupiers Franklin Plumbing & Building Supplies will remain on-site for 2 years returning $310,000 net pa (triple net lease) allowing you to plan your occupation or redevelopment. The lease includes a bank guarantee.
The property has a low site coverage split over 3 separate freehold titles with buildings occupying less than 20% of the site area. The balance of the site is largely sealed for yard storage and there is approximately 730m² in the eastern corner which remains undeveloped altogether.
The building is located on the south eastern boundary line and consists of quality showroom, offices, mezzanine and warehouse that has access via multiple roller doors and contains ample area for containers and storage. The total building size is 1,144m².
Zoned Business - Metropolitan Centre Zone - generous development controls, the site further benefits from 60m of road frontage near the busy Lincoln Road and Swanson Road intersection and enjoys excellent traffic exposure to the 27,000 cars that pass on Great North Road each day.
With favourable lease terms in place to the successful purchaser, this premium site will appeal to investors, developers and occupiers taking a long term view.
Ref #: 218418