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111 Catherine Crescent Lavington, NSW 2641

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111 Catherine Crescent,
Lavington, NSW 2641

Warehouse, Factory & Industrial

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Substantial Industrial Development Site + Established Storage Unit Busines

Freehold & business offered as a whole, this outstanding investment opportunity comprises two parts; a substantial development site with significant improvements & immediate income plus a well-established storage unit business. Property Overview

Total site area 24,100 sqm approx. (being approx. 13,900 sqm at front & 10,200 sqm storage site).

Improvements:

- Main shed; approx. 256sqm leased to an Auto Electrician

- Ancillary shedding; 2 x colourbond sheds totalling 147 sqm approx.

- Residence; 5 bedroom house leased to long term tenant.

- Current Gross income of $82,749 p.a +GST

- All month by month tenancies providing full flexibility to develop the site with the benefit of immediate income.

Business Overview

Registered Business Name - Catherine Crescent Storage Complex

138 x 20 foot containers (57 General purpose + 81 High-cube) plus 76 caravan sites.

Current 100% occupancy rate with a fully leased Gross income of $333,262 p.a +GST.

Significant site infrastructure including sealed yard, full security fencing, flood lighting & security system, 24/7 remote access, 3 phase power supply & fire services.

Positioned within close proximity to north & south bound access to the Hume Freeway.

Together with 13,900 sqm of prime industrial development land this is an incredible opportunity with impressive cash flow over $400,000 per annum.

Sale by Expressions of Interest closing Friday 11th. March at 4pm.

Property ID: 503997411Last Updated: 22 Apr 2022

04030142...
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111 Catherine Crescent
Lavington, NSW 2641
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