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7 Michigan Road Kelso, NSW 2795

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7 Michigan Road,
Kelso, NSW 2795

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Sale

Expression of Interest

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Map of 7 Michigan Road

Directions
  • Train stations within 5 km of 7 Michigan Road, Kelso, NSW 2795Distance
    Bathurst3.7 km
    POWERED BY HERE ©
  • Bus stops within 5 km of 7 Michigan Road, Kelso, NSW 2795Distance
    Ashworth Dr at Diamond CL744 m
    O'Connell Rd Opp the Scots School829 m
    The Scots School, O'Connell Rd845 m
    25 Sapphire Cres883 m
    Littlebourne St Before Sydney Rd939 m
    POWERED BY HERE ©
POWERED BY HERE ©

Sound Investment & Rare Offering

Connors & Co are pleased to exclusively offer for sale by Expression of Interest.

This exceptional 1100sqm* warehouse is currently occupied by Manvell Design and Performance on a Month to Month basis, with option for extension if appealing to investor. The property is suited to either the astute investor looking to capitalise on the significant rental growth and tail winds in the industrial market or owner occupiers looking to place their business in one of Western NSW markets most desirable and tightly held locations.
Prominently located in the heart of Bathurst's Primary industrial precinct, situated just 6km* from the CBD and in proximity to major arterial road: Great Western Highway (197km to Sydney CBD)

The property has significant valuable fit out included with a large ground floor warehouse/workshop and production area as well as significant power, that will make it highly desirable to take advantage of the significant rental uplift. Current availability of 3200sqm+ commercial sites in Kelso are highly sought after, ensuring a plethora of potential tenants that will be attracted to this building in what is increasingly becoming a high-tech precinct with numerous trade, transport and logistical occupiers.

Property Highlights:
+ Single storey office area with reception, kitchen, office, bathroom and internal workshop: 130sqm*
+ High-clearance warehousing/workshop area with four extra height roller doors
+ Total building area: 1100sqm* inc Mezzanine
+ Value add opportunity with potential expansion of shedding and hardstand infrastructure.
+ Significant warehouse fit out suitable for production including a wrap room, spray room & Vehicle wash-bay
+ Large 3-phase power facilities available
+ Three on-grade roller shutter doors
+ Large concrete hardstand apron for excellent truck access and container movements.
+ Abundance of on-site car-parking

Investment Highlights:
+ Short term income underpinned by successful local business; Manvell Design and Performance.
+ Ability to add value, reposition STCA^
+ Lease expired but tenants would highly consider re-signing reliant upon investor purchase.
+ Low supply and record absorption with low vacancy rates for 3200sqm+ sites in Bathurst & Central Western Markets.

Expression of interest, contact the exclusive selling agents at Connors & Co for further information including IM, Contract of sale & section 32 and building plans.
^Subject to council approval.
*(denotes approx.)

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Property ID: 504493916Last Updated: 19 Feb 2024

04018642...
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7 Michigan Road
Kelso, NSW 2795
Connors & Co. Estate Agents
196 Howick Street
BATHURST, NSW 2795
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