Inner West Landholding with Improvements and Income.
POINT OF INTEREST:
Substantial Industrial Facility Securely Leased until April 2026, with two additional 1-year options. Located at 6 Market Road, on the corner of First Avenue, this property comprises approximately 2400 sqm* of building space, including a large mezzanine, as well as a separate freestanding office of 163 sqm*. Situated on an enviable corner site of 5193 sqm*, this presents an opportunity to both earn rental income and plan for future development. Options include constructing your own large warehouse with on-site parking or embarking on a multi-warehouse development with frontages to Market Road and First Avenue (subject to all relevant approvals).
- Well established and tightly held industrial precinct
- 5,193 sqm* total land area
- 2,400 sqm* total building area
- 50m* frontage to Market Road
- 103m* depth to First Avenue
- Current annual rental of $272,727.27*
- Industrial 1 Zone
- Limited opportunity to secure prime land of this portion and huge street frontage
POINT OF VIEW:
Investment opportunity with a secure lease until March 2026, plus options. Develop later (subject to council approval). Be the first to market.
*Approx.
Pricing excludes GST