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Uniquely Diverse Investment Opportunity

Lot A/11 Pearse Street, WARRAGUL VIC, 3820

For Sale

Property for Sale in Lot A/11 Pearse Street, WARRAGUL VIC, 3820

Listing ID:
11367974
Status:
Active
For:
Sale
Price:
$3,200,000 (as a going concern)
Last Updated:
26/02/2020
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Property Type

Industrial/Warehouse/Industrial/Warehouse
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Land Area

5455 SQM
Icon size

Floor Area

2642 SQM
Icon parking

Parking

N/A

Uniquely Diverse Investment Opportunity

Why have 1 tenant when you can have 150! This modern, low maintenance and centrally located storage complex in the heart of Warragul's Industrial area provides a variety of sized storage units to cater for all markets and budgets and all in a convenient and popular location.

Warragul's booming residential market and growing business precinct has created incredible demand for storage facilities and enabled this relatively new complex to reach high occupancy rates very quickly.

The facility is a popular choice amongst tenants due to its variety of sizes, easy and secure electronic access system and clean fully concreted yard. With typical investment properties you are left with all your eggs in one basket and the loss of a tenant means loss of income! This impressive property provides better security of income with its return provided across the multiple units.

COST SUMMARY
Body Corp Fees $7,504.40
Insurance $400.00
Power $1,280.00
Rates – Council $9,864.00
Rates – Water $495.00
Gardening - $350.00
Land Tax - $600.00
Telephone - $1,200.00
Total $21,693.40
Above correct as of Nov 2019

** Please note, despite all care being taken to provide accurate information, the forecast figures above are indicative only and Clark NextRE cannot guarantee
exact income, occupancy or vacancy rates, or associated costs. Income and costs can vary greatly year to year dependent upon market conditions and trends. This information should not be relied upon alone and is an estimate only.

For more details, please email agent

Clark NextRE

33 Smith Street, Warragul, VIC 3820


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