Versatile industrial property on 1,156 m2 with approx. 500 m2 of buildings. Currently with the potential to produce approx. $94,000 gross per year.
· Units 1 & 2 currently leased to an electrical business
· Units 3 - 7 available with flexible options: current owner (heavy diesel servicing & light engineering) will lease back, or vacate for a new owner-occupier
· Empty 3-bedroom apartment easily rents at $300/week.
Perfect for:
- Investors seeking a passive income
- Businesses involved in the Picton Ferry Terminal upgrade needing a ready to go base with on-site living
- Someone wanting to buy an established heavy diesel/light engineering business and the premises in one package
Excellent location with great transport access. Multiple options – income, owner-occupy or both.