28 Jindalee Road, Port Macquarie, NSW 2444
Sold for $1,100,000 (Sep 30, 2022)
Industrial investment property - Long lease
* This well positioned property is located along busy Jindalee Road and offers great exposure.
* Land area 1,027 Sqm approx
* The building comprises a portal frame, sheet metal warehouse of 444 sqm approx (18.5m frontage X 24m deep),
* Wide level driveway and sealed onsite parking area for 6 vehicles.
* The property has dual access/loading shutters and dual shop fronts to allow for future split tenancy configurations
* Also benefits from side access on both sides offering a fenced secure yard area.
* Shower and w/c facilities plus kitchenette.
* Lessee is the establish business Mid Coast Gaming
- whom has been in operation since 1985 and incorporating Hennessy Coffee Weblink: https://www.midcoastgaming.com.au/ * Recently renewed Lease in place for a further 3 year + 3 year + 3 years with potential occupancy until 2031 (tenant has been in place since 15.7.19) * Ideal for investors looking for free hold property and secure income investment from solid tenant * Tenant has installed substantial office fitout and solar * Zoned General Industrial In1 * Gross income $62,160.00 PA Excluding GST * Council Rates and Building Insurances paid by owner
- $6,090.00 PA approx * Inclusions:
- Factory lighting
- Kitchenette cabinetry
- Existing toilet and shower structures
- Hot water system
- Fire extinguishers/exit signage * Easily managed investment * Call Luke Horton Raine & Horne Commercial Shop 3, 136 William Street, Port Macquarie T : 02 6584 0544
- Property ID: L1183206
- Property Type:Industrial/Warehouse
- Building / Floor Area:1027 sqm
- Land Area:1027 sqm
- Car Spaces:6
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