Substantial Industrial Facility with Holding Income & Upside^
Ray White Commercial is pleased to present 45-57 Moxon Road, Punchbowl for sale via Expressions of Interest.
This once in a generation opportunity to acquire five (5) adjoining industrial buildings totals an impressive 34,487m2* of site area and offers future development upside^.
Zoned IN2 Light Industrial, the site benefits from an easily accessible and prominent location just off Canterbury Road with an extensive 185m* frontage.
Existing improvements include considerable warehouse and office accommodation with additional hardstand area. All buildings are currently occupied with an attractive passing income.
Additional highlights of the property are outlined below:
* Site area 34,487m2*
* Total net lettable area of 21,910sqm* across 5 buildings
* Current annual income of $1,866,711 + GST, potential fully let income of $1,991,027+GST
* Zoned IN2 Light Industrial
* Warehouse with internal clearances from 6m* to 12m* with multiple roller door access points
* High power supply with 2 onsite substations
* Situated in core Punchbowl logistics precinct
* Great access to M5 motorway & Fairford Road
The property is offered for sale via Expressions of Interest, closing Thursday 5 November 2020 at 3pm.
* Approx. ^ S.T.C.A
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