Ray White is pleased to present an opportunity to secure a freestanding warehouse & office facility located in the tightly held Newton precinct. This tenanted investment boasts healthy passing income and potential future development upside zoned residential regeneration.
- Total building area 510sqm
- Total site area 740sqm
- Net annual income = $56,100 p.a. plus GST plus outgoings
- Lease term - 3 years commencing July 1st 2022
- Renewal option - 3 years
- Zoned Residential
For a copy of the Information Memorandum, or to arrange an inspection please contact Matt Lazarus from Ray White Norwood - Commercial Division on 0430745100
Property Details:
Council | Campbelltown
Zone | GN - General Neighbourhood\\
Land | 740sqm(Approx.)
House | 510sqm(Approx.)
Council Rates | $1,588 p.a (Approx.)
Water | $1,035.88 p.a (Approx.)
ESL | $1,105.20 p.a (Approx.)
Insurance | $2,199.00 p.a (Approx.)
Annual Outgoings Total | 5,927.88 p.a (Approx.)
Norwood RLA 278530
