For Sale by Public Auction on Wednesday 18 October at 11am
83 Aberdare Road, Aberdare is a regional investment opportunity that combines strategic location, impressive net income, and substantial site attributes. The property presents key features that make it an enticing prospect for investors which include:
Key Features include:
- Net Income: This property offers a net income of $197,616* per annum, ensuring a consistent and substantial revenue stream.
- Lease Term: Lease to 2029 + options to 2039.
- Annual Reviews: Compounding fixed 3% annual rent reviews ensuring long term rental growth.
- Tenant Stability: The property benefits from a secure and established tenant. Aberdare Petroleum have leased the property since 2015.
- Prominent Frontage: Located on a major arterial road with a frontage spanning 40.14 meters* along Aberdare Road, the property offers visibility and accessibility. This substantial frontage enhances its appeal for commercial and retail enterprises, creating opportunities for heightened exposure and customer engagement.
- Site Area: On an expansive site area of 2,016.59sqm*, the property offers ample space for various future enhancements (STCA).
- Strategic R2 Zoning: The property's R2 Residential zoning adds flexibility in potential land use and to diverse development opportunities (STCA).
*Approximately