Situated at 5 Stockyard Way, Broadwood is this substantial 9,363sqm* land parcel leased to two separate tenants.
Buyers have the opportunity to secure this land now with a passive income in the increasingly tightening industrial market. The tenants currently pay all the outgoings calendar monthly based on an annual budget, so this is a low cost, low maintenance investment.
The property discloses a current passing rent of $90,630.00 per annum excluding GST & Outgoings.
This property is zoned 'General Industry' under Town Planning Scheme No 1(1997), and the current use as hardstand is acceptable under this zoning.
Asking Price $1,200,000 (Going Concern)