Bottom drawer Industrial Investment


C/273 West Coast Road, Glen Eden

By Negotiation

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Bottom drawer Industrial Investment | C/273 West Coast Road, Glen Eden | 1503814 |      X Close
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Description

Bottom drawer Industrial Investment


•Passive investment

•Returning $90,000 net p.a.

•Entrenched business

• Ten (10) year lease with final expiry in 2044

•642sqm approximate floor area

•16 car parks

The subject property presents as a modern industrial unit constructed to a high standard in the 1990's. The building consists of steel portal frame construction, with robust concrete tilt slab external walls, and long run steel roofing. Internally the warehouse area has a generous stud height of up to 5.9m at the apex, and the ratio of warehouse to office is ideal to allow for a wide range of future possible uses.

The premises is currently utilised as a gym, the sitting tenant has invested heavily in their fitout including changing rooms with associated amenities, and a mezzanine extension which comprises of a group fitness room with various storage spaces and additional rooms. Part of the ground floor space is currently subleased to a masseuse. The unit benefits from the use of 16 allocated car parks and is accessible from West Coast road, with great signage exposure to a main arterial road in the heart of the Glen Eden commercial precinct.

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