Investment | Industrial

Property ID: 301060

 

Freestanding industrial compound

23-25 Hamill Street, Garbutt, QLD 4814

23-25 Hamill Street comprises a industrial compound leased to Ozram Hydraulic Services with a new 3 + 3 year lease in place as of 20 December 2018.
The total building area is approx. 807 square metres which includes:

-140 sqm of offices and amenities over two levels
-473 sqm main workshop
-127 sqm standalone shed
-67 sqm wash down bay

The land area is 2,684 sqm which was originally two blocks of 1,027 and 1,657 sqm.

Gross rent: $70,000 p.a.
Net income: $53,236 p.a.
Sale: $670,000

Contact Ray White Commercial to arrange an inspection.

Sold

$670,000

Troy Townsend