10 Normanby Street,
Warragul, VIC 3820
Warehouse, Factory & Industrial
Price information
Sold
$1,175,000
Key property information
Land area
Floor area
Tenure type
Sold on
Map of 10 Normanby Street
Industrial Warehouse Investment with Upside
Well located on the inner eastern fringe of the Warragul CBD alongside other established industrial properties resides this impressive 900m² factory warehouse. Occupying a sizeable 1,196m² allotment, the building is divided into 3 x separate occupancies.
Well maintained, the concrete block building with colourbond cladding has 3 x high clearance roller door entries, offices and separate toilets plus extensive on-site car parking, accessible via a central concrete driveway off Normanby Street.
Rental for the 3 tenancies totals approx. $63,600 per annum and there is potential to re-negotiate the existing leases and increase rental rates.
Key features:
- One title
- 1,196m² allotment
- Building totals 900m² (approx.) – separated into 3 tenancies
- Industrial 1 zone
- Fully occupied – current passing rent $63,600p.a (approx.)
- Potential to renegotiate existing leases and increase rental return
Inspection by appointment.
Well maintained, the concrete block building with colourbond cladding has 3 x high clearance roller door entries, offices and separate toilets plus extensive on-site car parking, accessible via a central concrete driveway off Normanby Street.
Rental for the 3 tenancies totals approx. $63,600 per annum and there is potential to re-negotiate the existing leases and increase rental rates.
Key features:
- One title
- 1,196m² allotment
- Building totals 900m² (approx.) – separated into 3 tenancies
- Industrial 1 zone
- Fully occupied – current passing rent $63,600p.a (approx.)
- Potential to renegotiate existing leases and increase rental return
Inspection by appointment.
Property ID: 504293628Last Updated: 3 Jul 2023
04772288...
10 Normanby Street
Warragul, VIC 3820
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