That's right the buyer of this one will have plenty of options.
Property is Zoned General industrial and in the heart of the Kelmscott Industrial area.
It would suit both the investors and also the owner occupier.
• Land Area - 2266m2
• 960m2 of buildings in 4 x factory units of 240m2 each - not strata titled
• 220m2 additional undercover area attached to western most units (not shire approved)
• 112m2 portico or undercover carport area
There are 2 separate factories / buildings on the site with each factory / building consisting of 480m2 which is broken further into the above mentioned smaller working space of 240m2.
This is a great site for an owner occupier but it also has the capacity to be leased out in part with the existing factories being able to be broken into 240m2 units.
The sellers are willing to provide the new owners with full vacant possession of the site or they will also lease a portion of the site back if this suits any potential buyer.
There is also an existing periodic tenant in units 1 & 2.
Rental of each 240m2 unit (4) would in the range of $18,000 per annum Plus outgoings and GST giving a site rental return of around $72 to $75k if fully leased (approx).
Buy the lot and rent it out for approx $72-75,000 pa or maybe you want to use 480m2 and lease the rest out.
There are many options open to you here .
Contact Mike Dunsmore 0413 754 110 for an inspection.