With the property market steadily gaining momentum, and Albany on the cusp of several major industry developments, this rare to find dual set of properties offers a unique opportunity for industrial land development that will allow you to capitalise on the prospects that are on the horizon.By setting yourself up with a rare and bonafide money maker this property will allow solid addition to both your portfolio and financial future.
Set amongst land within an ever growing industrial estate, the current owners of the land are currently undertaking the process of working with the relevant powers that be to gain approvals for a total of 25 industrial lots which could mirror the business and shedding that surrounds the property in the current industrial estate.
With such major industry on its way to Albany leading up to 2014, the demand on shedding and industrial business sites will be up against huge demand, meaning that this development would be a timely and beneficial addition to the Albany business community.
Such development include an Iron Ore mine through Grange Resources, Wind Power investment by Verve Energy, Natural Gas, Agriculture and Plantation Timber industries all requiring extensive servicing and upkeep through local contractors.
The investment has already been made in connecting water, power, two 90,000 litre concrete rainwater tanks and other utilities so that any future development on the land will be a breeze.
But there’s no need for the land to remain stagnant whilst waiting for the approvals to come in, a four bedroom, two bathroom brick home and separately leased existing shed are currently fetching a combined total of $2,214.24 per month until July and May 2013 respectively which allows for a steady income before the big development exercise kicks off.
Albany is definitely a city on the cusp of big things, and a unique opportunity to create one of the biggest industrial developments that Albany has seen in half a decade, make sure you request an information package on the ins and outs of this rare find and reap the benefits.
Things you should know:
- 2 Lots, 4.05 hectares
- Currently zoned rural- potential industrial sub division
- All utilities connected
- Prime industrial estate area
- 4×2 house and shed currently leased to 2013
- A potential gold mine!