Under Contract

7% Yield For A Cheap Factory

This is a great opportunity to secure a good investment.

We have a tenant paying $1,100 per month (that is $13,200 pa), which equates to approximately 7% Yield.

What a great return for the savvy investor!

Situated in a small block of 5, this is the pick of the factory units in a busy industrial area, as it is the front business, with additional parking for 4 cars at the front as well as street signage.

The location makes it easy for trucks to turn around and offload as well.

The land area is approximately 153m2, and the factory has dual entrances, one being a large roller door at the side.

The actual factory is approximately 100m2 in area, with a toilet and a kitchenette, as well as workmans pit and an overhead steel beam and block and tackle system.

The factory has had its roof replaced in the past 12 months, but does show elements of corrosion as a result of the factory formerly being used as an electro polishing factory.

This is a great way for someone to get into the commercial market, whether it be for themselves to own a factory for their business, or as an investment.

For more information, please call Matt Butcher from The Brokerage on 0401 193 999 or email matt@thebrokerageaus.com.au.

4
Price $189,000
Property Type commercial
Property ID 116
Category Industrial/Warehouse
Land Area 153 m2

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Matt Butcher

0401 193 999
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