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Location:

1/34 , Paisley Drive, LAWNTON, QLD

Price:

$495,000 + GST

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Ideal Industrial Investment Opportunity Sub $500k

Type: FOR SALE

Property Features
  • Category : Industrial/Warehouse
  • Building Area: 314 Square Metres
  • Tenancy: Vacant

Property Description

Ray White Commercial Northern Corridor Group have real pleasure in bringing to market, exclusively, Unit 1/ 34 Paisley Drive, Lawnton for sale.

This is a rare opportunity for you to either commence your commercial property portfolio or add an industrial premise to your current portfolio. This is a unique property in so far as that it is a standalone/free standing premises, at the same time being part of a small community title scheme.

The premises is 314m2* in size and situated at the front of the complex, giving the tenants and any business operated from there great exposure with very easy access.

The tenant is one year into a three-year lease with further 2x3 year options available.

There is a substantial bond in place, annual CPI increases, a review to market at the commencement of the options and the outgoings are fully recoverable.

The owners are realistic with their expectations in respect of the asking price and the property will show a yield commensurate with properties of similar style and quality.

Whilst we are witnessing tough times in retail, office and commercial properties the same can't be said for industrial properties.

The instability the share market is currently experiencing along with the parlous state of bank interest has led to genuine industrial investment properties becoming in demand and hard to find.

On this basis we would recommend that Unit 1/34 Paisley Drive deserves more detailed investigation, to arrange an inspection don't hesitate to contact the exclusive agent, Trevor Nelson-Jones on mobile [Phone Number Censored].

*Approximately - Subject To Survey

Property Agent

Advert Id:89605

Name: Trevor Nelson-Jones

Phone: 1300 2 ****

Ray White Commercial Pine Rivers
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