Take another look – this could work!
The Vendor is retiring and keen to see an offer as soon as possible for the leasehold interest of this substantial Seaview industrial property. Located on a corner site with wide street frontages to Seaview Road and Barnes Street, there is 4645 square metres of land, with the building 1,880 square metres. The ground floor comprises offices, workshops, cafeteria, while the first floor has a huge three-bedroom apartment, offices and a former laboratory area. There's room here for a number of businesses, or maybe demolish and go for more yard space!
Do the numbers - this could work out better than leasing!
Features include:
* 2776 square metres of fenced, sealed and secure yard space
* High-profile location
* Dangerous goods store
* Current term of the 5-year ground lease runs until July 2024, then 3 more 5-year right of renewals
* Available with vacant possession