Rare Industrial Warehouse Opportunity

On offer, an exclusive opportunity to secure two adjoining parcels totalling 2274m² (lot 3 - 1,285m² & Lot 5 989m²) in the heart of the bustling Ballina Commercial and Industrial estate. These parcels present an excellent prospect for investment or redevelopment (STCA).

Current stable and secure tenants in place with good rental history and maximum 24 months leases remain. Totalling four tenancies with solid yield in place, however opportunity exists to expand the yield for the savvy investor.

A corner block zoned IN1 general industrial, total build area of 1092m² spread over two lots totalling 2274m². The proximity to town, shopping, airport and M1 access, solidifies interest in the Ballina Industrial estate as a prime location of local industry.

• Site area 2274m² (Lot 3 -1,285m² & Lot 5- 989sqm²)
• Building area 1092m²
• Prime redevelopment S.T.C.A opportunity
• Centrally located in the industrial area
• Located 3.8 km to Ballina's CBD, 3.1km Ballina Fair & 2km from airport
• Zoned IN1 - General Industrial.
• Net $106,798.51 p.a. + Outgoings

For more information or to organise an inspection, contact Damien Smith or Darcy Whitfeld.

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