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1 Corcoran Court
Boorowa NSW 2586
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Sold on 15 Dec 2023

1 Corcoran Court Boorowa NSW 2586

  • Factory, Warehouse & Industrial
  • 720 m²
  • Sold

Commercial Investment Opportunity with Attractive Yield

    The offering provides a unique opportunity for an astute investor to further expand their holdings or enter the commercial market with confidence. The site provides a proven and ongoing return on investment with generous upside to increase rental yield with further development.

    Site Area 3,741* square metres
    Gross Building Area 720* square metre concrete slab, plus 144 sqm Mezzanine
    Zoning E4 General Industrial
    Multipurpose site which includes a 20* metre x 36* metre, 6* bay warehouse, office accommodation, hardstand area, truck parking and excellent access.

    Features include:
    Mezzanine 12*metre x 12* metre
    Lunchroom upstairs
    3 x toilets & hand basins
    Disabled facilities & Shower
    80 Solar Panels on roof. 23.6 kW
    Show room / office, fully insulated.
    6 kW Daikin Air conditioner in office
    Generous LED high bay lighting
    Emergency lighting
    Swann security cameras x 6
    Heavy duty fabricated columns & trusses
    Heavy duty Mezzanine framing/supports.
    2 x 30*metre hose reels
    5 x fire extinguishers
    Gas instantaneous hot water LPG

    The office facilities have further opportunity to increase capacity given the amount of underutilised/ unused existing office area.
    Existing tenancies have a combined gross rental of $60k per financial year, with an opportunity to increase tenancy. Two thirds of the property is currently tenanted until March 2024 with potential for an extended lease.

    Strategically located 2* kilometres from the Boorowa town centre, in proximity to major regional centres including Young (46* kilometres) Yass (54* kilometres), Cowra (76* kilometres) and Canberra, 110* kilometres.

    Corcoran Court is being offered for sale by Expression of Interest closing at 12pm (AEST) on Wednesday 4th October2023.
    For more information, or to arrange an inspection, please contact the exclusive marketing agents Trish Brewer & Tim Corcoran

    Property Highlights

    Date Sold15 Dec 2023
    Floor Area720 m²
    Land Area3,741 m²
    ParkingAsk Agent
    Property ID2018743458
    Category
    Last updated  14 Dec 2023
    Map for 1 Corcoran Court Boorowa NSW 2586

    Nearest transport* to 1 Corcoran Court Boorowa NSW 2586

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    Property Highlights

    Date Sold15 Dec 2023
    Floor Area720 m²
    Land Area3,741 m²
    ParkingAsk Agent
    Property ID2018743458
    Category
    Last updated  14 Dec 2023

    More about 1 Corcoran Court Boorowa NSW 2586

    1 Corcoran Court Boorowa NSW 2586 is categorized as Factory, Warehouse & Industrial Property. It has a floor area of 720 m² and a land area of 3,741 m². The listing ID for this property is 2018743458.

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