A Wise Investment - No GST Payable
Nichols Crowder is excited to offer a unique chance to acquire five (5) warehouses under two (2) titles.
This property features 1,393sqm* of industrial 1-zoned land and 792sqm* of building space.
Owned by the same family since 1998, this is truly a rare opportunity.
Currently generating a modest rental income of $71,074 per annum + GST and outgoings, the property is set for upcoming market reviews, presenting significant potential for growth. Market rental value In the vicinity of $90,000 per annum + GST + Outgoings.
Located just 2 minutes* from the Frankston Freeway and 8 minutes* from the Frankston CBD, it offers excellent accessibility.
Don’t miss this exceptional investment opportunity in a prime location with promising future prospects!
Key features include:
* Total land area: 1,393sqm*
* Total building area: 792sqm*
* Five (5) different warehouses/tenancies
* Each with their own roller door, amenities & power/water
* Warehouse height 4.5m*, roller door height 3.2m* high
* Driveway adjacent to Martha Street providing ease of access
* Plenty of carparking available
* Fully leased returning a modest $71,074 p.a. + GST + outgoings
* Market rental value in the vicinity of $90,000 p.a. + GST + outgoings
For further information or to arrange an inspection, please contact the listing agents.
PLEASE NOTE:
* All information and measurements are approximates. Please refer to Contract of Sale and/or Lease documentation. All images subject to copyright.
* By enquiring on this property you agree to receive regular property updates and marketing communication from Nichols Crowder. You may unsubscribe at any time.
