98 Yass Road QUEANBEYAN NSW 2620
Under Contract

DESCRIPTION

Located in the East Queanbeyan Industrial/ commercial area with dual access frontage to the very busy Yass Road, and convenient rear access from Chapman Street, is this substantial industrial holding.
The property has a significant land area of 2,744m2, with a building of approximately 1,200m2. The property has 3 long term tenants who have new 3year leases in place, commencing 1/2/2021 expiring 31/1/2024, then an option of a further 3 years.

The property is currently generating a gross income of $94,000 incl GST and after allowing for outgoings the net income is approx. $71,115.22. A property report is available upon request.

This is a wonderful opportunity for investors looking to secure an income producing property along the main arterial thoroughfare of Yass Road, with huge passing traffic flows daily.

This property is offered for sale as a going concern with leases in place and does not attract GST on the final selling price.

Please contact Michael Dyer, 0438174400 for further information.