Rarely these days do Industrial zoned lots of this size and in this type of location become available for purchase.
This property features excellent two road frontage, ie: Flores Road and Box Street, a huge 568 square metre shed and a very high visibility location.
The shed is well situated being to the southern end of the 3948 square metre site which also includes two titles.
The shed consists of a 241 square metre workshop/warehouse; an additional workshop of 63 metres in addition to another 65 square metres of mezzanine.
Also in the workshop/warehouse is an office which is a very generous 39 square metres in size.
At the front of the building is an air conditioned showroom and reception area in addition to several offices and male and female toilets.
The property is suited to a range of industrial and light industrial businesses given its location in the heart of the Webberton Industrial estate and its close proximity to the major arterial roads both north and south.
The two road frontage also opens up the possibilities allowing for larger vehicles access without the need to reverse into traffic.
The showroom/reception and office area is a generous size, could easily be renovated should the current configuration not suit a prospective purchaser or tenant.
With a steady stream of lease enquiries this property may represent an ideal superannuation plan with an expected return around 7%.
Should the ultimate purchaser be looking for an investment opportunity and require a tenant in place, that can be incorporated as a condition in any sales contract.
This impressive property compares very favourably with other recent sales on Flores Road with a 2000 square metre lot with improvements selling recently for $325 per metre.
The size and location of this property ensures that it will be highly sought after so to arrange an inspection or for further enquiries please contact Peter Courtland at Elders Real Estate on (08)9965 8272 or 0407 474 104.