This solid Industrial investment has a net yield of 8.9% on the asking price with long term tenants and all outgoings paid by the tenant. The large high clearance steel shed has a floor area of 857sqm plus the administration offices and retail area of 180sqm and two transportable site offices/crib rooms. The air conditioned administration and retail office building is of block and steel construction. In total there is 1164sqm under roof. The total land area is 9308sqm on two freehold titles, zoned industrial with the shed sitting on one title and gravel hardstand on the other. The boundary perimeter is completely security fenced with two access gates off the sealed road.

The property is in the existing industrial estate in Ayr with services to the property including town water, 3-phase power and weekly garbage collection. Ayr is a thriving rural community just 85km South of Townsville and 85km North of Bowen’s industrial powerhouse of the future, Abbott Point. It has a population of about 8,500 with about 20,000 in the Burdekin Shire. Services in the area include many medical facilities, schools, 2 large supermarkets and a wide variety of specialty shops.

Price: $980,000 plus GST

Contact: Jack Slaney 0427 877 522
Raine and Horne Ayr
Office 07 4783 7522
Email: ayr@rhq.com.au