Southport Industrial Sold - 1-5/8 Pirelli Street - Interest over $2,000,000

HIGH PROFILE STANDOUT INVESTMENT

MULTI-TENANTED FREEHOLD IN PRIME POSITION.

4 x Fully Fitted Out Approved Food Factories and 2 x fully fitted offices.

THE OWNER WILL SELL AS WHOLE OR SPLIT THESE INDIVIDUAL STRATA TITLED WAREHOUSES.

Units 1 & 2 - $1,050,000
Units 3,4,5 - $1,050,000

A freehold opportunity such as this is hard to find.

This multi-tenanted commercial building currently consisting of 6 tenancies generating high yield and low risk (diversified income).
5 Separate Strata Titled Premises, it offers the following key characteristics:
• 1,000 m²total land area, building NLA approx. 762 m².
• Zoning industrial light/medium with certificate of licence for approved food premises.
• High yield income of approximately $166,462 per annum (fully leased basis).
• Strong holding position located in the heart of the Southport Commercial Precinct.
• A short walk to the light Rail.
• Easy access to all major arterial roads including the M1 North & South and Light Rail Station.
• Located near large shopping centres including Woolworths, Aldi and Coles.
• Ample car parking spaces.
• Unsurpassed quality build by Lawrence Reece.
• A full inventory of each warehouse/showroom comes with over $250,000 worth of commercial, cold-rooms, preparation areas, washers, ovens, extractor fans, grease fans, grease traps, the list goes on.
• Ticking all the boxes with low maintenance.
• Concrete tilt panel construction industrial complex.
• This light industrial commercial estate is in a sort after area due to location and quality of the buildings.
• The food premises are modern and have quality fit outs all included in the purchase price.
• Inspection a must, either as an investment or as an owner operator.

Disclaimer: We have in preparing this advertisement used our best endeavours to ensure the information contained is true and accurate, but accept no responsibility and disclaim all liability in respect to any errors, omissions, inaccuracies or misstatements contained. Prospective purchasers should make their own enquiries to verify the information contained in this advertisement.




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Additional information

Property Type Industrial
Property ID 41879120030
Street Address 1-5/8 Pirelli Street
Suburb Southport
Postcode 4215
Price Interest over $2,000,000
Date Available Now