24-26 Simper Crescent, Mount Barker
Contact for price- Property type: Industrial/Warehouse
- Floor Area: 402 m2
- Zoning: Light Industry
- Land size: 3986 m2
- Listing type: For Sale
- Tenancy: Tenanted Investment
IMMEDIATE INCOME AT 8% PER ANNUM
Significant storage yard and workshop facility - total site area approx 3,986 sqm.
Currently occupied by Vendors, MJS Tree & Stump. Purchase with a lease-back in place to provide an immediate rental return. A lease term of 2 years certain (plus renewal options) can be available. The commencing net rent will be set at 8% of the purchase price.
Alternatively, insist on vacant possession, so that you buy for your own occupation, or develop.
With the option of a leaseback available from the vendor, shrewd investors will enjoy an immediate rental income whilst planning a development/subdivision (STCC) strategy for the longer term.
Features include:
• Within easy access of SE Freeway via Bald Hills Road
• Corner site with secure boundary fencing and gates
• High clearance, quality 5 bay workshop/shedding of approx 308 sq.m including office, toilets and shower and lean-to shelter
• Spacious transportable office accommodation of approx 94 sq.m
• Subdivision and/or development potential, subject to council consent
• One of the last development opportunities in this tightly held area
• Light Industry zone, Mount Barker District Council
• THE LAST OF THE BIG BLOCKS!
For further information, or to arrange an inspection, please contact Commercial Property and Business Sales specialists, VENTURE COMMERCIAL RLA 251076:
Nigel Grivell 0414 257 999
Harry Sanders 0431 057 346