PRIME CITY FRINGE INDUSTRIAL ASSET

For Sale POA
Industrial/Warehouse
Description

Power Commercial is pleased to offer for sale this substantial inner city industrial holding comprising a part two-level office warehouse of over 4,100sqm of almost 5,600sqm of land.

Industrial/Warehouse - BRUNSWICK Victoria

For Sale by expression of Interest closing on the 18th September 2024 at 4pm

Property Features
  • Industrial/Warehouse
  • Land is 5,600 square
  • Floor Area is 4,100 square
Commercial Features
Further Options

Generous Landholding: 5,580 sqm* of Industrial 1 zoned land with frontages to Dawson Street and Pearson Street. Parkland Frontage: In addition to two excellent street frontages the property also benefits from an extensive park frontage of 143 metres*. Holding Income: $145,170 per annum* plus GST partly leased to Metropolis Metering Services Pty Ltd expiring 31 January 2025, plus a further option to 31 January 2026. Refurbishment Potential: Significant improvements of 4,105 sqm* with potential to re-purpose or refurbish for owner occupation (STCA). Redevelopment Opportunities: Ideal opportunity to redevelop a new facility under the current zoning or potentially rezone the land for high density residential use (STCA).

Highlight 1

6-8m HIGH CLEARANCE & FULLY SPRINKLERED

Highlight 2

SHORT TERM INCOME

Highlight 3

DUAL STREET FRONTAGE

Zone

INDUSTRIAL 1