Fully Tenanted Investment Property - Silverdale
- Proposed Usage
- Floor Area
- 269.00 m²
- Property ID
A change in circumstances means the owner is ready to move on so this property must be sold!
Investment attributes of the property include:
Road frontage high stud 169m2 warehouse with new 3 year lease (rental return $19,365pa++)
106m2 office/showroom with full facilities including shower with 6 month + 6 month ROR (rental return $17,500pa++)
Total net return of $36,865pa++
The property at 4A Manga Road, Silverdale is an industrial warehouse, plus office and showroom on a Stratum in Freehold title and offers a unique opportunity for investors or owner occupiers. This well positioned 269m2 unit has been split into dual tenancies, with a 169m2 warehouse leased to a commercial tenant, and current owner using the 106m2 office/showroom as a live/work unit.
Please note that the office/showroom is not a legal residential dwelling, however it is set-up as a liveable space with full facilities. With no other properties currently for sale in this price bracket in Silverdale industrial zone this opportunity to secure a tenanted industrial property should not be missed!