36-40 Albert Street,
Warrnambool, VIC 3280
Warehouse, Factory & Industrial
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TIME TO GET YOUR MONEY WORKING?
This set and forget investment is now on offer in Warrnambool's busy industrial estate. Located on a high exposure corner, is this dual tenancy building with long term businesses in place.
- Dual tenancy with current net income $52,000 per annum
- Fixed rental increases will see the return at $60,000 per annum in 2023
- 3 year lease in place for both sites with further options
- Potential future income from land available for further development
38 Albert Street - approx...514m2 building space & 400m2 yard
40 Albert Street - approx....370m2 building space & 150m2 yard
Total Site - approx. 2034m2
As the city of Warrnambool continues to grow and develop, sites like this are becoming harder to find.
Call today for further information!
- Dual tenancy with current net income $52,000 per annum
- Fixed rental increases will see the return at $60,000 per annum in 2023
- 3 year lease in place for both sites with further options
- Potential future income from land available for further development
38 Albert Street - approx...514m2 building space & 400m2 yard
40 Albert Street - approx....370m2 building space & 150m2 yard
Total Site - approx. 2034m2
As the city of Warrnambool continues to grow and develop, sites like this are becoming harder to find.
Call today for further information!
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Property ID: 503860358Last Updated: 28 Sep 2021
04095318...
36-40 Albert Street
Warrnambool, VIC 3280
Ray White - Warrnambool64 Banyan Street
WARRNAMBOOL, VIC 3280
WARRNAMBOOL, VIC 3280
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