A well maintained mixed use investment, leased to a leading national distributor with a residential tenancy on a separate title. The two storeyed building includes a high stud warehouse with roller door access, single car garage and immaculate two bedroom apartment above.
The commercial tenancy has fixed annual increases of 5% and the residential tenancy is well under-rented, providing significant rental growth. Situated in a popular light industrial street in Vogeltown, with great access into the CBD and surrounding suburbs.
To be sold by negotiation
For more information or to arrange an inspection contact:
Benet Carroll
021 028 94537
[email protected]
Please note: all floor areas are approximated only.
Features:
* Split risk commercial investment
* Leased to Service Foods Ltd & residential apartment
* Annual rental increases of 5%
* Popular commercial pocket
* Net Annual Rental of $66,881 plus GST. p.a.