This property is a functional industrial facility with office space, workshops, cafe as well as a dedicated secure hardstand yard. As an owner occupier, you will be able to take advantage of the income being generated from the existing tenants until the leases expire.
25 Yallourn Street is a fully leased premises ideal for investors. With many long standing tenants and also recent newly signed leases in effect, this presents a great opportunity to purchase a long-standing investment. Given the fully leased status, the following apply:
Current monthly total: $16,398.00
Annual Projected: $196,776.00
The site is a flexible rectangular shape with a total area of 2,877m² and versatile IZ2: Industrial Mixed Use Zoning. It has future flexibility to redevelop when the current leases expire, allowing sufficient time for successful planning.
-On site amenities
-Hard stand yard
-Long standing tenants
-Kitchen and meals area
-Broad purpose clause
This Property would suit any investor or trades person