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7 Parkside Drive Condon, QLD 4815

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7 Parkside Drive,
Condon, QLD 4815

Warehouse, Factory & Industrial

Price information

Sold

$455,000

Key property information

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Floor area

Car spaces

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Map of 7 Parkside Drive

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Multi tenanted commercial investment within growth corridor

  • Excellent holding income
  • Potential to increase income
  • Low site coverage of 24%
The property comprises a stand alone, multi-unit storage facility with a main building area of 432 square metres on a 1,836 square metre site zoned 'Major Centre Zone'. The building is configured with 11 units of approximately 12 square metres and 20 units of approximately 15 square metres.
The 12 sqm sheds rent at $45 per week incl GST and the 15m2 sheds rent at $55 per week incl GST. The overall occupancy generally runs at 80%.
Constructed in 1994, the property provides additional tax benefits through depreciation.
Other improvements include perimeter security fencing with security card entry gates, two concrete driveways and concrete hardstand areas.
Full details including Profit & Loss, Depreciation schedule and tenancy schedules are available on request.

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Property ID: 502014126Last Updated: 23 Aug 2017

0407 213 8...
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7 Parkside Drive
Condon, QLD 4815
RWC - Townsville
Level 1, 41-51 Sturt Street
TOWNSVILLE CITY, QLD 4810

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