Open Saturday 16th of August 10:30am - 11am. The property will be EXEMPT from Stamp Duty and GST will not be applicable. An exciting opportunity awaits to secure these two units, each on its own title, being sold together in the tightly held suburb of Newton. Situated on an approximate total site area of 1,496sqm. This prime location boasts excellent connectivity to nearby amenities, including shopping centers, schools, parks and public transportation options. The area's growing popularity and strong rental demand makes this an enticing prospect for astute buyers seeking solid returns and future growth potential. Unit 1 is currently Leased to ABS All Building Supplies until 31/01/2029 with a right of renewal for an additional 5 years with a gross rent of approximately $73,000 + GST per annum. Unit 2 entering into a 12 month lease for approximately $52,500 + GST + Outgoings per annum. Features of Unit/Warehouse 1: - Three workshop areas with a combined total of approximately 628sqm - Showroom with air-conditioning - Two offices with air-conditioning - Kitchen with air-conditioning - Bathroom with shower, toilet and basin - Toilet with basin Features of Unit 2: - 238sqm (approximate) workshop - Office - Toilet with basin All information contained herewith, including but not limited to the general property description, price and the address, is provided to Boffo Real Estate by third parties. We have obtained this information from sources we believe to be reliable; however, we have not verified and do not guarantee its accuracy. The information contained should not be relied upon and you should make your own enquiries and seek advice in respect of this property or any property on this website. Looking to purchase this property as an investment? Speak to our Property Management team to see how we can assist. RLA 313174
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Property ID: 504931544
Original Property ID: 504931544