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Commercial Buying

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9.25 % Investment Return $650,000 5 Eliot Road, ARMADALE

Under Offer
The Owner has reduced the price again as he is looking to sell to fund his next venture.
Current tenant ( not the owner) wants to stay longer (another 2 years) is willing to pay $60,000 per annum so this is an excellent return on a very good industrial property. 
Rather rare property zoned General Industrial in the Armadale Industrial area with 2126m2 of land and over 550m2 of sheds with a gorgeous and very spacious 3 x 2 modern home on the site as well.

Property is currently leased until 30/6/2018 but we can sign up a new lease now if you wish . tenant prepared to pay almost all outgoings .

Its hard to find a property that will allow you to reside where you work so ongoing leasing is easy.

Property Features:

2126m2 of General Industrial Land
Two street frontage & two crossovers
550m2 approx factory with small office of 20m2
1/2 Factory with extra height 
Evaporative A/C to Factory R/C to office
2 x factory entries with sliding doors ( one set extra large) 
Very appealing brick pier and steel inset fencing 
Hardstand area is fully concreted

House Features

3 bedrooms x 2 bathroom
Main Bedroom (extra large) with ensuite and small office  
Gorgeous kitchen and dining/ meals area with R/C A/C
Large Lounge area or theatre room
Other bedrooms (2) are huge with a two in one  
Patio area and outdoor entertaining with feature limestone
Above ground pool with pool level deck
Rear kids retreat
This is a rare offering so don't delay contact 
Contact Mike Dunsmore on 0413754110

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Lot Size
9.25 % Investment Return
Sale Type: Under Offer
Ref #: 5065875
Category: Commercial
Mike Dunsmore

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