Investment Summary: An increasingly rare opportunity to secure a dual-income industrial unit with adjoining residential accommodation. The commercial tenancy is fully leased and returning a net income of $20,000 per annum, together with additional income potential from the vacant residential accommodation, which has historically achieved a conservative rental of $520 per week. This combination provides investors with diversified income streams and long-term investment security.
The Property: The building comprises a high-stud height workshop with its own amenities, dual roller doors for drive-through and parking, complemented by a well-presented, self-contained two-bedroom apartment complete with a lock-up garage. Construction is solid tilt-slab concrete exterior which has just been repainted, presenting in excellent condition, and the property boasts an A-Grade 95% NBS seismic rating.
Configuration & Appeal: Properties offering a combination of industrial workspace and residential accommodation are seldom available and consistently in strong demand. This dual-income setup enhances tenant retention and provides an added layer of investment security.
Location: Positioned directly opposite the popular Home Zone Shopping Centre, the property benefits from proximity to major national retailers including Harvey Norman, Noel Leeming, and Warehouse Stationery. With direct exposure to State Highway 2, there is excellent potential for high-profile signage and business visibility. The site also offers convenient drive-around access.
Zoning: Zoned Commercial Business, allowing for a wide range of uses including retail, office, and light industrial- supporting long-term flexibility and future tenant appeal.
Investment Opportunity: Whether you are looking to strengthen your portfolio or secure an entry-level commercial investment with diversified income, this property ticks all the boxes.
(To be Sold by Tender if not sold prior)
Register your interest with Tony Doms today.