TIME TO GET YOUR MONEY WORKING?
This set and forget investment is now on offer in Warrnambool's busy industrial estate. Located on a high exposure corner, is this dual tenancy building with long term businesses in place.
- Dual tenancy with current net income $52,000 per annum
- Fixed rental increases will see the return at $60,000 per annum in 2023
- 3 year lease in place for both sites with further options
- Potential future income from land available for further development
38 Albert Street - approx...514m2 building space & 400m2 yard
40 Albert Street - approx....370m2 building space & 150m2 yard
Total Site - approx. 2034m2
As the city of Warrnambool continues to grow and develop, sites like this are becoming harder to find.
Call today for further information!
- Dual tenancy with current net income $52,000 per annum
- Fixed rental increases will see the return at $60,000 per annum in 2023
- 3 year lease in place for both sites with further options
- Potential future income from land available for further development
38 Albert Street - approx...514m2 building space & 400m2 yard
40 Albert Street - approx....370m2 building space & 150m2 yard
Total Site - approx. 2034m2
As the city of Warrnambool continues to grow and develop, sites like this are becoming harder to find.
Call today for further information!
All information about the property has been provided to Ray White by third parties. Ray White has not verified the information and does not warrant its accuracy or completeness. Parties should make and rely on their own enquiries in relation to the property.
Due diligence checklist for home and residential property buyers.