$1,420,000
16-24 Yarragee Road, Moruya, NSW 2537
Money In The Bank
Large commercial sites like this are just not around anymore, so make the wise move and give this one a good look.
- Existing 6 industrial units with a lettable floor space of 1,360sqm on a 2000sqm section.
- Balance of land is 16,900sqm, almost level and easy to build on.
- 4 of the units are leased with an approx return of $67,000 which would increase if the vacant unit is let.
- 2 units are currently vacant. Possible return with all units leased would be approx. $92,695.
- Fully fenced premises
- Each unit has a bathroom/kitchenette
With major infrastructure works in place around the South Coast the Eurobodalla area is on the move. Sub-divide some off and sell or develop more units of your own and increase your rental yield in a time frame that suits yourself.
With easy access close to the town with other commercial sites around, the property is well worth considering.
- Existing 6 industrial units with a lettable floor space of 1,360sqm on a 2000sqm section.
- Balance of land is 16,900sqm, almost level and easy to build on.
- 4 of the units are leased with an approx return of $67,000 which would increase if the vacant unit is let.
- 2 units are currently vacant. Possible return with all units leased would be approx. $92,695.
- Fully fenced premises
- Each unit has a bathroom/kitchenette
With major infrastructure works in place around the South Coast the Eurobodalla area is on the move. Sub-divide some off and sell or develop more units of your own and increase your rental yield in a time frame that suits yourself.
With easy access close to the town with other commercial sites around, the property is well worth considering.
Property Info
Municipality
Moruya
NEARBY PROPERTIES
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