Port Macquariepin

31 Uralla Road, Port Macquarie, NSW 2444

  • 678sqm
  • 6garages
    • Sold

      $1.815 million no GST Applies - Going Concern

      100% occupied - Multi-tenant Industrial Investment

      * Multi-tenant industrial investment site with nine (9) income streams * A variety of occupants which also include Optus & Telstra tower leases, whom have been onsite for over 17 years and currently under the balance of a 5 year term. (Substantial capital investment in tower by telstra with obligations to be removed when they vacate
      - given the increasing importance of telecommunications, it would appear unlikely to vacate any time soon) * Most Tenants on new three (3) years leases * Under management for over 10 years, excellent tenant rent history and occupancy rates * Low maintenance industrial construction, a mixture of brick, Hebal panel + sheet metal walls * Easily managed industrial investment property. * Secure diverse income stream. * Freehold title with land area of 1,471 sqm approx * Improvements include just under 700 Sqm of warehouse/office + awning and washdown pit area, grease trap and food approvals on tenancy 1. * Gross income $123,000 PA GST Exc approx * Outgoings comprising council rates, building insurances, commercial property management, water charges, lawns maintenance and fire compliance cost are circa $17,600 PA GST Exc. * Nett income = $105,400 PA GST Exc. approx * Call Luke Horton
      - 0417 406 414 Raine & Horne Commercial Shop 3, 136 William Street, Port Macquarie T : 02 6584 0544

      avatar Luke Horton
      Luke Horton

      Got a property to sell? Contact us for a free Request Appraisal

      Property Info:
      • Property ID: L5076292
      • Property Type:Industrial/Warehouse
      • Building / Floor Area:678 sqm
      • Land Area:1471 sqm
      • Car Spaces:6
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