AUTOMOTIVE RETAIL YARD INVESTMENT RETURNING $44,400 P.A

This automotive retail yard is in absolute prime main road position, currently leased to proven trader specialising in camper van sales who has just renewed their lease for 3 years. This investment would suit investor looking for solid income with future potential development opportunities. FEATURES - Prime positioned land totalling 607sqm - Small onsite factory and office approx 50sqm - Main Road position Minjungbal Drive exposed to 30,000 passing cars daily. - Land bank with development upside - Strong proven tenant with track record. - Low outgoings. - Easy asset management - Low maintenance. ZONING - B4 Mixed use - suitable for mixed use development of residential/commercial, retail, medical or child care (STCA). LEASE - 3 year lease commenced 1st March 2015 - Gross rental = $44,400 p.a + GST - Outgoings = $3724.32 PRICE: $580,000