36-40 Albert Street,
Warrnambool, VIC 3280
Warehouse, Factory & Industrial
Price information
Sold
Contact Agent
Key property information
Floor area
Tenure type
Sold on
Map of 36-40 Albert Street
TIME TO GET YOUR MONEY WORKING?
This set and forget investment is now on offer in Warrnambool's busy industrial estate. Located on a high exposure corner, is this dual tenancy building with long term businesses in place.
- Dual tenancy with current net income $52,000 per annum
- Fixed rental increases will see the return at $60,000 per annum in 2023
- 3 year lease in place for both sites with further options
- Potential future income from land available for further development
38 Albert Street - approx...514m2 building space & 400m2 yard
40 Albert Street - approx....370m2 building space & 150m2 yard
Total Site - approx. 2034m2
As the city of Warrnambool continues to grow and develop, sites like this are becoming harder to find.
Call today for further information!
- Dual tenancy with current net income $52,000 per annum
- Fixed rental increases will see the return at $60,000 per annum in 2023
- 3 year lease in place for both sites with further options
- Potential future income from land available for further development
38 Albert Street - approx...514m2 building space & 400m2 yard
40 Albert Street - approx....370m2 building space & 150m2 yard
Total Site - approx. 2034m2
As the city of Warrnambool continues to grow and develop, sites like this are becoming harder to find.
Call today for further information!
Explore property virtually
Video
Additional information
External websites
Property ID: 503860358Last Updated: 28 Sep 2021
04095318...
36-40 Albert Street
Warrnambool, VIC 3280
Ray White - Warrnambool64 Banyan Street
WARRNAMBOOL, VIC 3280
WARRNAMBOOL, VIC 3280
More properties from Ray White - Warrnambool
Other properties you might be interested in based on the location and property type you are looking at.
Contact Agent
678-688 Raglan Parade,Warrnambool, VIC 3280 2000 m²Warehouse, Factory & Industrial • Other • Shops & Retail
Contact Agent
23 Fairy Street,Warrnambool, VIC 3280 558 m²Offices • Warehouse, Factory & Industrial • Other