13 & 15 Hill Street Esperance WA 6450

13 and 15 Hill Street, Chadwick this offers Esperance's pre-eminent industrial land and buildings opportunity. The property is suitable for Investors/Developers & Owner Occupiers alike.

Located 3km to the north of the Esperance town centre and 4km to the north of Esperance Port, the property benefits from easy access to Harbour Road which in turn provides access to the South Coast Highway and Coolgardie Esperance Highway. This substantial Industrial complex is situated in a highly prominent position with frontage onto Harbour Road and access from Hill Street and Gilpin Street.

The offering comprises five lots which are available individually or combined.

Lot 729, 13 Hill Street offers a land holding of 4,066sq m with 1,484sq m of improvements.

Lot 2001, 15 Hill Street offers a land holding of 92,932sq m with 6,888sq m of improvements.

Currently producing a net income of $340,966 per annum with potential to substantially improve on this passing rent.

Salient details include;
* Income producing investment
* Tenants include Allied Pickfords, Cranes Haulage, Claas Harvest Centre & Sands Fridgelines
* Substantial further development potential
* Opportunity to renegotiate and restructure existing leases
* Further subdivision potential, Residual Lot 2001 (subject to Council approval)
* Rare offering of high quality existing industrial property
* Six warehouse/workshops extending to 8,372sq m
* Highly prominent industrial complex

Lot 729 - Office 27m2/Warehouse 1,457m2 on 4,066m2 site, Offers from $850,000 + GST

Lot 2001 - Office 921m2/Warehouse 5,967m2 on 92,932m2 site, Offers to Purchase

Lot 2001 Proposed Subdivision:
Site A - Site area 10,551m2, offers from $790,000 + GST
Site B - Site area 7,967m2, offers from $570,000 + GST
Site C - Site area 8,600m2, offers from $600,000 + GST
Residual Lot 2001- Office/Warehouse 6,888m2 on 65,814m2 site, offers from $3,900,000 + GST

For further information please contact the joint selling agents Savills or Thorp Realty.