Don’t miss the opportunity to invest in this food grade facility with cold storage and retail space which is one of the fastest growing investment sectors. The assets also features a second income stream from a mobile phone tower both on long leases for certainty. Additionally there is significant underlying value in the Specialised Centre zoned land for future development.
Property features include:
~ 2,025sqm* of Specialised Centre zoned land
~ Total building GFA of 806.50sqm* (40% site cover)
~ Building areas consist of food preparation area, cold room, freezer, warehousing, air-conditioned office and retail showroom.
~ Fully fenced & secure site
~ Walking distance to public transport
~ Combined net income of $180,000pa* + Outgoings + GST
~ New 10 year lease to Franz Small Goods
~ 10 year lease to Optus with 8.16 years remaining
~ Large three phase power supply
Please contact the Exclusive Agents, Jack McCormack & Matt Marenko of CBRE for further information.
*Approx.
** Image outlines are indicative only