$305,000

1/7 Ghan Road, Ciccone, NT 0870


Commercial Warehouse Investment Opportunity

With record low interest rates having your money parked in the bank in today's world will just not cut it. 1/7 Ghan Road is a great investment opportunity with long term tenants. Currently this property is achieving approximately 6.6% return based off the current sale price.
This is an appealing investment or purchase now and set up your own small business from this location when the lease runs out.

Positioned on a 154sq allotment at the front of a 10-warehouse complex, this property offers 82sq metres of floor area plus 28sq Mezzanine, timber staircase, small air conditioned office space, roller door access and ample parking.
There is also a small yard with extra parking and street frontage at the front of the property.
Some of the features that this property includes are:

• Kitchen facilities
• Good storage space
• Great location in the industrial area
• Long term lease with optional 3 years extension
• Vehicle Access
The vendors are a genuine seller and will consider all serious offers.
If you would like to know more or would like to book an inspection time call Lindsay on 0439 034 711 to make a time to inspect.

Area of Unit: 154 sqm Council Rates: $1,770.69 pa
Body Corporate: $924 per quarter Rental: $1,532 + GST+ Outgoings PCM until November 2021

Property Info

Municipality
Ciccone

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