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Leased Industrial Complex Returning 8.1% Gross Yield

3 Mackenzie Street, YOUNG NSW, 2594

For Sale

Property for Sale in 3 Mackenzie Street, YOUNG NSW, 2594

Ray White Young

37 Main Street, Young, NSW 2594

Listing ID:
11149844
Status:
Active
For:
Sale
Price:
$549,000 (Ex-GST)
Last Updated:
17/06/2019
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Property Type

Industrial/Warehouse/Showrooms/Bulky Goods/Retail
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Land Area

2883 SQM
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Floor Area

595 SQM
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Parking

N/A

Leased Industrial Complex Returning 8.1% Gross Yield

* Prime opportunity to secure this multi-premise industrial site adjacent Milvale Road.
* Approx. 595sqm building with showroom/office/amenities (current 2+2yr lease to 12/2020)
* Second shed approx. 150sqm's/holding yard under current commercial lease until May 2020.
* Combined investment income of $44,579 (Ex-GST) or sound 8.1% gross at current asking price.
* Industrial zones approx. 2,884 sqm site in 2 titles, easy heavy vehicle access & shelter.
* Shed is internally aged, yet sound. Partly divided workshop/warehouse space + mezzanine.
* Residual land is ripe for further industrial development to further increase your return.

Please Note: Whilst all care has been taken by Ray White Young to ensure accuracy in preparation of the particulars herein, no warranty or representation, express or implied, as to the accuracy or completeness of the particulars provided is made or given by us and interested parties must therefore rely on their own enquiries. Liability for any error, omission, negligence or misrepresentation is hereby excluded.

For more details, please email agent

Ray White Young

37 Main Street, Young, NSW 2594


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