On behalf of our valued Client, Ray White Commercial TradeCoast is pleased to present this versatile Hemmant property to the market for the first time in over 27 years. Located centrally within the sought after Hemmant Industrial precinct, this property offers an opportunity to developers, owner occupiers and investors with existing tenants providing holding income.
Features of this property include;
- 1,930sqm* of fully serviced IN3 Industry (General industry C) zoned land, the majority of which is concrete sealed
- 456sqm* of workshop space across 4 individual tenancies, each with 3 phase power
- Each tenancy individually metered for power and water
- 55m* frontage to busy Gosport Street offering great exposure and easy access
- 3/4 tenancies leased providing a passing income of $61,267.47pa* net with one vacancy
- Significant redevelopment potential (S.T.C.A.)
- Tenant profile allows for timely redevelopment, or land bank for the future
For Sale via Offers to Purchase Campaign closing 29th March 2023
*Approx.
Contact Exclusive Agents Jared Doyle or Jack Gwyn of Ray White Commercial TradeCoast for more information or to arrange an inspection.