This is an exceptional residential and commercial investment opportunity nestled on a spacious 3130m2 allotment in the heart of the industrial estate. This prime property boasts unparalleled road frontage to McEvoy Street and is enveloped by a wealth of light and heavy industrial properties, making it a coveted location for savvy investors or owner operators with great exposure to the entrance of Warwick's industrial estate. Previously this property had two income streams from the residential home to the industrial tenancy still in place.
The residential component of this property features a tastefully updated 3-bedroom timber home, exuding charm and character. The home is equipped with modern conveniences, including a double garage and comprehensive air conditioning throughout, ensuring year-round comfort. A newly renovated bathroom adds to the appeal, offering a blend of functionality and style to the living space. This home has been previously tenanted and would be an ideal second income for the investors on this property.
On the industrial front, the expansive block dominates the landscape, encompassing multiple sheds and a substantial hard stand area. This aspect of the property presents a lucrative opportunity for commercial use, catering to a wide range of industrial pursuits. Currently, the industrial block is leased to exemplary long-term tenants, providing a stable income stream with a lease agreement in place until June 2025, making this an enticing investment for discerning investors seeking a secure and reliable return.
This multi-faceted property is strategically positioned to capitalize on the bustling industrial activity in the area, offering unrivalled exposure and accessibility for businesses. The substantial road frontage to McEvoy Street further enhances the property's appeal, ensuring visibility and easy ingress and egress for potential commercial operations.
The industrial estate's thriving ecosystem, replete with neighbouring industrial and commercial properties, adds a layer of desirability to this investment opportunity, underscoring its potential for sustained growth and prosperity. The proximity to various industrial facilities and the vibrant business community cements its status as a prized asset in the marketplace, promising long-term value for investors seeking to diversify their portfolio and capitalize on the ever-growing industrial sector.
In conclusion, this meticulously curated residential and commercial property represents a rare find in the thriving industrial landscape. With a harmonious blend of residential comfort and commercial potential, this offering presents a compelling proposition for astute investors looking to secure both immediate and long-term returns. Or for those who would like to live in and work out of their own sheds already set up.
Call today to view this property. Ample notice is required for the tenancy in place.
Property Code: 2113