Presenting 94-106 Medway Street, Rocklea – a 6,438sqm warehouse/office facility sitting ona 7,447sqm block. The site enjoys a corner site location with dual street access, conveniently located with direct access to Ipswich Motorway, Fairfield Road, Sherwood Road and the Rocklea Fruit Markets.
Currently split into 3 tenancies, the property is fully let to 3 tenants returning $305,000pa Net total. The tenancy schedule has staggered lease expiries offering spread vacancy risk for the astute investor.
The configuration of the site also allows flexibility for an owner occupier, offering ones own partial utilisation of the site in time, with the ability to reconfigure layouts in future, whilst simultaneously enjoying passive income from the remaining tenancy/ies.
For more information or to arrange an inspection, please contact FAL Property Group.
John Andrew Ref: 43611