INVESTMENT OPPORTUNITY - ALBANY
Rosedale, North Shore City
- Proposed Usage
- Property ID
The property at 5E Armstrong Road, Rosedale is a Stratum in Freehold commercial unit consisting of a warehouse and office. Offered with vacant possession this property will appeal to both investors and owner occupiers. The current lease, which expires 31 July 2017, has been providing a net return of $69,000pa +GST to the owner. We would expect any new tenancy to be at a similar level.
Features of this property include:
A few minutes drive to Northern, Southern and Western motorways
Low maintenance industrial warehouse in sought after Rosedale CBD
Very low vacancy rate in the surrounding area
8 car parks - ideal for a distribution business
Priced for immediate sale - you had better be quick on this one!