Defined:
A substantial commercial holding with a clear sense of purpose, positioned within one of Ocean Grove’s established industrial precincts. Set across approximately 904sqm, the property combines a quality industrial shed with a fully concreted site, secure high-mesh fencing and generous off-street parking, creating a practical foundation for investors. The property is zoned Commercial 2 Zone (C2Z), providing a flexible commercial framework suited to a range of business and industrial uses, subject to relevant planning requirements.
Strong exposure to passing traffic, together with its position alongside a busy car wash, gives the site an established commercial presence and valuable day-to-day visibility.
Considered:
More than simply a functional industrial holding, 24 Sinclair Street offers strong flexibility. This property presents an opportunity for investors, with an estimated rental return of approximately $81,500 per annum plus GST and outgoings.
With 5% annual rental increases under the proposed lease structure, a substantial landholding and a location supported by Ocean Grove’s continued commercial growth, the property presents a considered opportunity to secure a versatile commercial asset with both immediate utility and longer-term potential.
Property Highlights:
Quality industrial shed
Fully concreted site
Secure high-mesh fencing
Generous off-street parking for 8 vehicles
Strong passing exposure
Estimated rental return of $81,500 p.a. + GST & outgoings
5% annual rental increases
Investment opportunity
