Move in now and start operating your business. The property has a Development Approval for Industrial Storage and/or a Transport Facility.
This 11,600m2 or nearly 3 acre property is ideal for your business and has a huge upside should you wish to develop the property further.
A simple 3 step development and reap the huge rewards.
Step 1: Do nothing, it’s previously been rented at $1,000 a week, tenants won’t be hard to find.
Step 2: Fence and gravel hard stand the block and it should lease for $100,000 per year This could return you a 10% Net Return.
Step 3: Turbo charge this project and build a 500m2 shed and it should rent for approx $180,000 per year. Now thats an impressive return on your investment.
PROPERTY FEATURES:
Solid 3 bedroom brick home would make an ideal managers quarters.
Brick granny flat with kitchenette, shower and toilet could be your new office.
The shed is approx 15m x 8m and high internal roof which could be left as is or renovate and create a quality office building.
Opportunities galore here for the astute buyer.
You may even be able to purchase and fund this property with a smaller deposit than you think.
To discuss the various options, call Bruce Holmes 07 4669 179 or 0402 348 695