$850,000

Low impact industrial in the heart of Kawana, Central Queensland!

BUILDING SIZE
Approx 280m2 with offices, meeting room and warehouse.
Built in 2014. Designed for large bulky goods and commercial contractors

CURRENT TENANTS
$700 per week plus Outs till the 30th May 2023
Prior to Covid they were paying $1250 per week plus all outs

Modern warehouse situated within the locality of Rockhampton. Fully fenced boundary with the side area being 2023m2. Fully air-conditioned reception area with showroom, training room and lunch room. 3 High bay roller doors, 2 of which are automatic. Internal staircase to mezzanine training area of about 18m2. Full width concrete driveway with remote control front gate. Powder coated aluminium security front fencing with security chain and barb wire to side fencing. An 8KVA roof mounted solar panel for power generation attached to a 5KVA battery back up system.
This will be a great future investment for a company that needs a big yard storage area with a modern showroom and bulky goods facility.
The current tenants are happy to stay on until lease end.
There is also a 320m2 area at the front of the facility that could be turned into another commercial shed or storage facility at a later date.
Low maintenance low upkeep easy investment opportunity.
Fully leased income of $36,400 plus all outgoings paid by tenant.
NOTE: The front area is MCU approved for another building development up to 320m2 when the current lease is up.