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24 Thorne Street Wynnum, QLD 4178

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24 Thorne Street,
Wynnum, QLD 4178

Warehouse, Factory & Industrial

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Map of 24 Thorne Street

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Price Reduction - Owner Occupier Industrial Sheds With Holding Income

  • Large 1090sqm block
  • Close to transport and arterials
  • Variety of occupancy options
Located at the end of Thorne Street in Wynnum's industrial estate, this 1090sqm* block has loads of potential options for the owner occupier looking for an income stream as well. The site currently has a 340sqm* two storey house at the front (rented to Karma Muay Thai), and two sheds at the rear (rented to a mechanic and metal worker) totalling another 240sqm* of building.

The site has excellent access, the advantage of the train station at the end of the street for staff/clients, and is only a stone's throw from the Trade Coast Area and Gateway Motorway.

The property currently returns an income of $41,482 + GST* pa with leases expiring/up for renewal mid-2019 for the sheds, and Dec 2020 for the house.

This presents buyers with a number of options: Keep all the tenants on for income, occupy part of the property for your business with some income, live in the house and work in the sheds, or redevelop the massive 1090sqm* block with a new custom structure. (Subject to lease expiry/es, STCA)

Please contact exclusive agents Benn Woods 0408 689 6... and Kyle Woodbine 0411 597 579 to inspect and for more info.

Sale Price: Offers Over $749,000^

^GST "Going Concern" exemption to be applied
*Approximately

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Property ID: 503061298Last Updated: 17 Oct 2019

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04086896...
realcommercial.com.au logo
24 Thorne Street
Wynnum, QLD 4178
RWC - Bayside
1/76 Old Cleveland Road
CAPALABA, QLD 4157

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