Location View more

$250,000

4/7 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. 4/7 Ghan Road is a great investment opportunity. This shed offers a side driveway, which has been enclosed, large ground floor shed area and a mezzanine level for the office area/staff room, further add to the features. There is a bathroom, another office area and a large roller door at front of unit for easy access.

Currently rented for $1650 including GST per calendar month plus outgoings until 6th November 2020.

Purchase of this property will receive approximately just over 7% gross return based on the current list price.

Located in a complex of 10 warehouses in the light industrial area close to town centre. There is a central driveway which is fully paved.

Call today for an inspection, as it is a prime location for a business operation offering a great opportunity with loads of possibilities, so don't wait around and miss out.

Area of Unit: 109 sqm Council Rates: $1,710.80 pa
Body Corporate: $1770.69 per quarter Rental:$1,650 + GST+ Outgoings PCM until 6th Nov 2020