Set on spacious 1011m2 (1/4 Acre) allotment only a short distance to the Sale CBD is this outstanding Industrial facility that provides the astute purchaser plenty of options. With investment or owner occupier available depending on your needs.
The property boasts 2 separate titles with Factory 2 currently leased on an overholding agreement with Riviera Signs who have been in occupation since December 2012. The current rental is $16,872PA plus outgoings. This property contains reception area, 2 offices, staff amenities and substantial workshop. Factory 1 is currently leased on a casual basis at $200 PW ($10,400P/A) and comprises three offices, kitchen, staff amenities, two separate substantial workshops and an expansive mezzanine storage area. Total rent $24,672PA plus outgoings providing a 6.49% yield!
The balance of yard is fully concreted and allows for ample staff and customer carparking. While security is spot on with remote steel gates providing a safe and secure environment.
The facility is super flexible and with casual leases in place there are plenty of ways to maximise your use or return on this A1 Industrial facility.