Prime Commercial Investment
Property ID 1994160Situated in the South Grafton Industrial Estate, 25 Induna Street is the ideal location to expand or relocate your business.
Positioned on approximately 3,000 square meters, this industrial shed offers an impressive 882 square meters of floor space. With existing amenities in place, warehouse and storage space, an office and lunch room/second office; everything is in place and ready to go.
The shed is a steel frame 21m x 42m, column free space on a reinforced concrete slab; strategically positioned on the block to allow access and drive through capability, making loading and unloading as practical as possible. Three oversized electric roller doors allow access for an array of machinery and equipment types and sizes. The shed also features 3 phase and 240V power, a 3m x 3m single roller door semi detached shed; previously used to house equipment for an extraction system, on site parking and is of course fitted out with full fire safety equipment. Whilst the property is offered for vacant possession, the investment possibility is highly appealing, with potential returns ranging anywhere from $90 - $110 per square meter; providing a very pleasing rate of return for the new purchaser.
With few properties providing such a well rounded and versatile opportunity, you should be sure to register your interest early.