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Industrial/Warehouse in Highett
Highett's Mega Site - Invest, Develop or Occupy
- Building: 3,340m²
- Land: 6,873m²
Additional Information:
FloorplanRay White Commercial is proud to offer 248-250 Wickham Road, Highett for sale.
An outstanding opportunity for the astute Investor/Developer to purchase an incredible land holding of 6,873sqm* and building area of 3,340sqm* to further enhance the site by, developing the balance of land, redevelop the existing warehouses or subdivide all (STCA).
Great opportunity to add value in this tightly held and highly regarded industrial precinct with this being the first time the property has been offered in 23 years.
Currently 100% leased as follows:
Units 1 & 2 | SARC Pty Ltd
• Building area | 1,235sqm*
• Return | $101,497 pa net
• Lease | Five (5) years + Five (5) years + Five (5) years
Unit 3
• Building area | 355sqm*
• Monthly tenant
Unit 4
• Building area | 459sqm*
• Monthly tenant
Units A-B | Liquid Rock Constructions Pty Ltd
• Building area | 1,291sqm*
• Return | $101,726.76 pa net
• Lease | Three (3) years + Three (3) years
*approximately
3,340m²
6,873m² / 1.7 acres
Industrial 1
Tenanted
Industrial/Warehouse, Land/Development, Showrooms/Bulky Goods
Investment Information
Fully Tenanted
N/A (Marketed Without Price)
N/A (Marketed Without Price)
* Total annual expenses are based upon information provided by the vendor. They exclude potential costs that will vary according to the purchaser. Excluded costs include, but are not limited to, management and leasing fees, marketing costs, repairs and maintenance.
All provided figures are estimates and should not be relied upon by a purchaser. The returns are not guaranteed. Further disclaimers apply
