119-121 Gladstone street features direct street frontage with customer parking immediately to the front of the building
and is currently tenanted to two wholesale/retail tenants. The building comprises approximately 1206 sq metres and is set on a 2675 sq metre block.

The building is approximately 24 years old and provides good basic accommodation typical of the era. The upper floor mezzanine level is laid out as offices in both tenancies. Each unit has a showroom section to the front and warehousing to the rear. The division in both instances between uses is a simple dividing wall.
Toilets amenities are located within each unit.

Approximately 600sqm is currently vacant, and is ideal for a business looking for a high profile location.


PURPOSE CLAUSE:
To use the premises only for the purpose of one or more of the following:

(1) Any manufacturing process ( other than offensive hazardous or noxious process) and the retail distribution of goods ( EXCEPT food and beverages) manufactures on the premises;

(2) Storage and wholesale distribution of goods;

(3) Repairs and servicing of machinery appliances and other goods;

(4) Retail sale and hire of building materials, building equipment,hardware, motor vehicles, caravans and boats,industrial machinery and parts and accessories thereof PROVIDED ALWAYS within the meaning of this clause "wholesale" means the sale or supply of goods in bulk for the purposes of resale.

The site has an allowable plot ratio of 1 to 1.

Net Income: $140,000.00*
*fully leased income estimate