LARGE 1480m² LAND WITH INCOME
- Building: 1,000m²
- Land: 1,480m² (0.37 acres)
Located approximately 15km from Sydney CBD and within minutes drive to M5 freeway this industrial estate is one of a few left in a dying breed around the inner-west of Sydney.
Perfect investment property with potential income from numerous avenues including a currently operating takeaway shop servicing the local industrial business's and regular passers-by with an average income of approximately $260,000 pa , 2 warehouses currently rented for a combined income of approximately $55,000 pa, large open area currently being refurbished to suit a building materials supply business with a potential income of approximately $42,000 pa, other combined incomes of approximately $11,000 pa. There is potentially a one bedroom apartment with two bathrooms and internal laundry that can be leased for approximately $18,000 pa.
There is also the opportunity of moving your own business into the premises and establishing yourself in this prime Sydney location with the majority of the lettings inside this property available immediately for occupation. Either way it is a great opportunity and will serve as the ideal investment in your portfolio.
For further details or to arrange an inspection please contact John Shalala on 0405 535 611 or our office at RW Croydon Commercial on 9747 2222.
1,480m² / 0.37 acres
Retail, Industrial/Warehouse, Showrooms/Bulky Goods