andbull;Large Land Holding of 1858sqm and possible residential development site (STCC)
andbull;Current zoning in Industry
andbull;Currently used as office warehouse with 2 tenancies:
Vacant tenancy of 706sqm
Leased tenancy 477sqm – Net income $48,672 p.a.
Lease expires March 2018 or March 2020
andbull;Possible 7 residential allotments (STCC)
andbull;Corner position with 2 street frontages
andbull;Great position in inner western suburb with surrounding residential allotments
andbull;Close to transport / airport / CBD
andbull;Ideal holding for future development with good income of circa $50,000 per annum + outgoings paid by tenant