Leedwell Property are pleased to bring to market, a fantastic office warehouse investment with development upside in the heart of Norwood. The property is situated with exceptional frontage and visibility to Beulah Road and access to the rear.
We further highlights the below property features:
- 749sqm land area with dual frontages
- Estimated gross building area of 452sqm* including mezzanine and amenities
- Leased to August 2026 with no rights to renew
- Tenant pays all outgoings excluding Land Tax
- Net income of $82,205pa* includes allowance for single holding Land Tax
- CPI annual increases in 24 and 25
- Zoned: Suburban Business Zone
The property is for sale by Expression of Interest (EOI) closing 30th May 2024 @ 4pm
Please contact the exclusively listed agents for further details.
Remember to mention you found this property on DevelopmentReady
Leedwell Property are pleased to bring to market, a fantastic office warehouse investment with development upside in the heart of Norwood. The property is situated with exceptional frontage and visibility to Beulah Road and access to the rear.
We further highlights the below property features:
- 749sqm land area with dual frontages
- Estimated gross building area of 452sqm* including mezzanine and amenities
- Leased to August 2026 with no rights to renew
- Tenant pays all outgoings excluding Land Tax
- Net income of $82,205pa* includes allowance for single holding Land Tax
- CPI annual increases in 24 and 25
- Zoned: Suburban Business Zone
The property is for sale by Expression of Interest (EOI) closing 30th May 2024 @ 4pm
Please contact the exclusively listed agents for further details.
Remember to mention you found this property on DevelopmentReady
Developments and amenities within a 5km radius of the asset.