Entry Level Industrial Investment - Phillipstown

Sunny north facing warehouse in Phillipstown being a handy location close to the Central City. Well situated on a rear freehold title (so no body corporate hassles) having a land area of 412m2* which provides a good sized security fenced yard area.

Warehouse area 202m2*, office/amenities area 30m2*. Total building area 232m2*. 80% NBS.

Fully leased for 3 years from May 2022 (plus further rights of renewals), rental returning $30,000pa + GST + outgoings.

The Tenant is well established in the area as they operate a paint and panel repair business from 2 other buildings over the road and only use this building for overflow vehicle storage.
(*approx.)

Call sole agent Paula Raine 027 221 4997 for an information pack and to book your viewing.

SOLD

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