• Do the numbers, well under replacement
• Key industrial asset
• Built to code 2010

Key industrial asset at well below replacement cost. The vendors have moved to meet the market offered for sale at $3,700,000 + GST with an appraised rental of $252,000 per annum plus GST and OPEX this represents great value both in terms of potential yield, and if you are an owner occupier looking at building options this will represent a substantial discount on any new build.

Constructed in 2010 with excellent access through six high opening roller doors from the substantial secure concrete yard to the high stud warehouse with a built in 5-ton gantry crane. Combined with the excellent office facilities and the added benefit of a superb three-bedroom consented ancillary apartment.

The industrial sector continues to be one of the most desirable commercial asset classes, supported by consistently low vacancy rates and straightforward operations. This property includes a large high-stud warehouse, gantry crane, and a substantial secure concrete yard - key features that underpin long-term tenant demand and operational viability.

As a bonus, the site includes a consented auxiliary apartment, providing excellent additional flexibility. In a market characterised by rising construction costs and high land prices, this established modern facility represents outstanding value compared to new-build alternatives.

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