On offer is this split risk industrial building, ideal for investors or owner occupiers.

The property is divided into three spaces. Upstairs is a consented 180m² (approx.) 4-bedroom apartment, currently rented for $600 per week. There is an additional vacant 211m² (approx.) with a New York style mezzanine floor waiting for an astute buyer to fulfil its potential income.

The ground floor is a 381m² (approx.) warehouse with 4 roller doors and is occupied by a tyre shop and service centre.

The new owner could increase their return by improving the vacant space upstairs or occupy themselves.

Returning $78,426.77 p.a. via a long-term residential tenant and from the ground floor tyre business on a brand new six year lease.

This is a unique property offering a great return and future upside!

Call the sole agents for more information or to arrange viewing.