Penridge Commercial is pleased to offer for sale the property located at 193 Lyons Street, Bungalow. The subject property is superbly located on the corner of Lyons & Sturt Streets and offers investors the opportunity to purchase a prime, fully leased investment property.

Improvements to the land area of 809m2, zoned industry, comprise of a single storey showroom and warehouse building of block construction with mezzanine and office. The front showroom hosts a glass shopfront with multiple access points, large terrazzo tiles, suspended ceiling in parts and air conditioning throughout.

To the rear of the showroom is a large mezzanine area with tea room and office to one side and storage to the other. Male and female toilets are located at the rear of the warehouse. Additional features include a fully fenced concrete yard area of approximately 473m2 and large wrap-around signage fascia.

The building is currently rented to a quality tenant, Highgrove Bathrooms who occupy the whole of the land and the building. Highgrove Bathrooms carried out a number of improvements to the building at the commencement of the lease by way of flooring and painting and the building’s presentation is impeccable. It is positioned at the busy end of Lyons Street, close to the intersection of Mulgrave Road.

THIS IS A FANTASTIC OPPORTUNITY TO SECURE A PRIME INDUSTRIAL INVESTMENT IN A SUPERIOR CORNER LOCATION WITH A QUALITY TENANT IN OCCUPATION.