247 Railway Parade Cabramatta, NSW 2166

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Bldg802m²

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Property Details

Property Description

RARE 986 SQM BLOCK & FREESTANDING INDUSTRIAL BUILDING

Laing & Simmons Cabramatta is pleased to present 247 Railway Parade, Cabramatta to the market For Sale.

This property is strategically positioned in a highly sought-after area. The freestanding commercial over two-level industrial building consists of 2 ground-floor warehouses plus 1st Floor 2 offices to be sold in one line and directly opposite the Cabramatta Railway line.
Property features:
+ Solid double brick freestanding industrial property
+ Land area: 20.11m x 48.9m = 986.4m2 approx.
+ Building area: 802 sqm approx.
Level 1:
+ Office 1 & 2 leased to Dragon Style Kungfu & Fitness Incorporated. The lease expires on 31/05/24 with 1 year option
+ Rental income: $1,930 incl GST per month
Ground Floor:
+ Warehouse 3 leased to Maikong Mechanical Repairs. The lease expires on a month-to-month basis. Rental income: $3,234.92 incl. GST per month
+ Warehouse 4 leased to VITEK Pty Ltd. The lease expires on 30/06/2024 with a further 3-year option. Rental income:
$4,175.75 incl. GST per month
+ Total rental incomes for 3 tenancies is $112,088.00 incl GST p.a.
+ Strategic position with further potential
+ Directly opposite the Cabramatta Railway Line
+ Opportunity to occupy, invest or redevelop (S.T.C.A.)
+ For further due diligent information or inspections, please contact the exclusive selling agents

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Amenities

  • 6 Com Car Spaces

Suburb Profile

Cabramatta
Showcasing a prominent local presence in Cabramatta and a team illustrating rich and accumulative experience, Laing+Simmons offers an unrivalled calibre of personal attention. Established with a focus on delivering a personal and customised service, our commitment to honesty, integrity and professionalism is reflected in our strong sales history and industry reputation in Cabramatta and surrounding suburbs.

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