Sold
15A Factory Street,
Pomona 4568, Queensland
$1,300,000
Property details
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Agents
1,459m2 Flood-free Industrial Freehold with Multiple Tenancies in the Heart of Pomona
Cory Hoy and Fraser Martin from RWC Northern Corridor Group are excited to bring Pomona's famous Red Shed - 15A Factory Street Pomona to market for the first time in over 25 years.
This is your chance to own a freehold industrial property in the sought-after Pomona area, with great rental upside and enough vacant space for an owner-occupier to operate from.
Located on busy Factory Street, this low impact industry zoned block is perfect for a whole range of industrial and mixed uses.
Current rental income is $42,640pa gross, with potential to increase to $90,000pa by leasing the vacant space.
There is a 200m²* warehouse at the front, tenanted by Pomona Rockin' Relics Antiques Barn for $525/pw gross.
Behind the warehouse is a workshop approximately 80m² with an additional air conditioned office approximately 40m². The office is leased until November for $295/pw gross.
That leaves approximately 860m²* of outdoor hardstand area, currently unoccupied. This includes an approximately 280m² open-air shed with fully operational bridge cranes that was previously use for building modular homes and dongas.
Potential rent for the vacant space would be in the $40-50K range NET, possibly higher with upgrades.
There is also potential development upside (STCA) by enclosing the open-air shed and building an office/mezzanine with windows overlooking Cooroora Creek Park. Similar developments are in the planning process just a few doors down the street.
This property will not last long.
For more information or to arrange an inspection, please contact Cory or Fraser from RWC Northern Corridor Group
This is your chance to own a freehold industrial property in the sought-after Pomona area, with great rental upside and enough vacant space for an owner-occupier to operate from.
Located on busy Factory Street, this low impact industry zoned block is perfect for a whole range of industrial and mixed uses.
Current rental income is $42,640pa gross, with potential to increase to $90,000pa by leasing the vacant space.
There is a 200m²* warehouse at the front, tenanted by Pomona Rockin' Relics Antiques Barn for $525/pw gross.
Behind the warehouse is a workshop approximately 80m² with an additional air conditioned office approximately 40m². The office is leased until November for $295/pw gross.
That leaves approximately 860m²* of outdoor hardstand area, currently unoccupied. This includes an approximately 280m² open-air shed with fully operational bridge cranes that was previously use for building modular homes and dongas.
Potential rent for the vacant space would be in the $40-50K range NET, possibly higher with upgrades.
There is also potential development upside (STCA) by enclosing the open-air shed and building an office/mezzanine with windows overlooking Cooroora Creek Park. Similar developments are in the planning process just a few doors down the street.
This property will not last long.
For more information or to arrange an inspection, please contact Cory or Fraser from RWC Northern Corridor Group
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Contact Cory Hoy
Contact Cory Hoy
Cory Hoy
15A Factory Street, Pomona QLD 4568
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Cory Hoy
15A Factory Street, Pomona QLD 4568