TWO FREEHOLD BLOCKS

No 29:
Waterfront,
Land size 2529 sqm, zoned industrial, backs onto Stoney Creek with boat ramp access, opening out into Fennell Bay and Lake Macquarie.

The improvements consist of a large warehouse constructed of besser block & metal sheeting, with a long established marine repair and boat sales business.
There is 900 square metres of yard space used for display and storage of marine craft with a marine slip for uploading and slipping of marine craft. Rental income $60,000.00 p/a + gst + outgoings.

No 27:
Land size 1502 sqm, zoned industrial, consists of 4 older style buildings, 3 with long established tenants returning
$40,976.00
p/a (gross) (potential annual income $55,776.00
p/a) if fully let.

This is a Jewel In The crown, a totally rare opportunity to buy this unique Industrial Property.

The owner of the marine business is prepared to sell the marine business (by private treaty, not auction) separate from the landowners selling the land (freehold). The price for the marine business would need to be separately negotiated (together with any other terms of sale) with the business owner, and the price for the marine business would be payable to the business owner in addition to payment to the landowners of the price for the land (freehold).

All inspections strictly by appointment
NOEL MCFARLANE REAL ESTATE
276 Main Road Cardiff
49 540399
www.noelmcfarlane.com.au
Phone Noel McFarlane 0413944635


Disclaimer: We assume no responsibility for mis-statement or error contained in this brochure.
Interested persons should rely on their own enquiries