- Smart road front, 3 level building
- Multi-tenanted with 4 established tenants
- Site area 1,189m² approx
- Total floor area 1,779m² approx
- Current total net rental $115,400 pa + GST approx
- Excellent potential for rental growth
Available for the first time in over 30 years, 291 Church Street is a proven performer. This well presented, solidly built 3 level building with 4 tenancies has provided its owner with consistent income and occupancy plus good capital growth.
Situated on popular Church Street with easy access to the motorway this multi-tenanted industrial property has a total net annual income of approximately $115,400pa (+GST). Acknowledged as below market there is excellent potential for rental growth.
Built in the in the early 1970s, the property has a Grade B seismic rating being 74% NBS.
Vendor needs this sold - don't miss this opportunity.