- For sale
For SaleDeadline Private Treaty 7th Sep 2022 16:00:00 (Unless sold prior)
A superb opportunity to purchase 2.7366 ha of Light Industrial land on seven titles situated in the heart of Swanson.
Currently returning a combined rental of $618,416 pa net over two tenancies – with 3-5 year leases in place, this property offers upside in terms of rental and development potential.
There are four existing buildings on the site plus a sand store canopy structure. Total building area is 4959.7 sqm. Part of the middle area of the site has been formed into yard area and the rear of the site is raw undeveloped land including a stream. Savvy investors will appreciate the future add value opportunity.
The front building is leased to Ateck Steel Construction Company Limited and the rear buildings are leased to Industrial Sands Limited.
Opportunities of this nature are rare and are not to be missed!
Please contact the Sole Agents - Caroline Cornish 021 390 759 | Josh Coburn 021 990 691
Ref #: 21042249