* Located in the heart of Avondale marked by council as a future growth area
* Approx.432sqm 2 level industrial standalone building on an approx. 599sqm freehold land
* Established tenant - Spiced World
* Current net rental income is $60,000 + GST per annum
* Current lease terms run through until 31st January 2026 with rights of renewal
* Potential for owner occupier
This property is perfectly placed within easy walking distance to the Avondale Town Center and all public transport links.
This two level property is a high stud industrial building which the ground floor is currently being utilized as a retail shop with high stud and part of upper floor is available for office or showroom.
Zoned Business Mixed Use with a maximum height of 18m, the property presents itself as a future development opportunity to facilitate ground floor retail and residential on upper floors.