Located in a quiet street is this leafy and well-treed industrial property, offered for sale for the first time in almost 20 years.Current improvements consist of a warehouse of some 230sqm complete with 2 bathrooms and shaded yard space and a separate 100 sqm self-contained office/studio. There is now a recent planning approval for a substantial 2 storey building with a warehouse, offices and caretakers residence on the vacant west side of the lot. The studio is charming with separate air-conditioned offices, meeting room, kitchen and a large rear veranda suitable for meetings. The property is fully fenced and centrally located. You could rent out one side and use the other! Current rent $1065 per week. call Tony Hutchinson on 0418 938 1... for full details.

Option 1: Existing warehouse of 230 sqm plus 100 sqm studio/office on 1100 sqm lot $695,000. Current rental return $1065 per week with 3 year rental review due.

Option 2: Existing lot of 1100 sqm with planning approval for substantial warehouse/office development with new caretaker's residence $385,000.

Option 3: The whole property including both options 1 & 2 $985,000. There is potential for up to 5 strata titles if this property is fully developed.

All prices ex GST.