Offering highway frontage and outstanding rental returns of over 7.8%, this sought-after industrial property is well located in Gunnedah’s industrial precinct and is attractively priced offering excellent returns for astute investors. Set on a generous 3,996 square meters, this property offers multiple income streams from the variety of tenancies currently in place. With a large drawcard tenant, on a newly renewed 3-year lease, this property abounds with potential for further income generation to grow the already outstanding rental returns. Kitchen and bathroom facilities in some units.
• Established draw-card tenant on a recently renewed 3-year lease
• Multiple income streams from 8 separate lettable spaces, with several long term tenants
• Main arterial highway frontage
• Substantial improvements with bitumen road servicing sheds and improvements amounting to almost 1,300sqm of lettable space
• Large main shed 616sqm in size and consisting of office, foyer, cafe, mezzanine level, bathroom facilities and well ventilated main shed, ideal for current tenant's use
• 7 additonal bays - appx 12m² x 14m² Powered & non-powered bays.
• Multiple income streams generating $64,300/yr + GST & Outgoings
• Zoned - General industrial with a total site area of 3,996m²
To secure this sought-after industrial property, please call Hennessy Real Estate today on 6742 3001.