Hyde Park Compound Including Offices, Showroom, Warehouse & Even 12 Storage Units
Property ID 1620151This versatile property is one of a kind in the Hyde Park area.
Extremely well presented, with exposure to Woolcock Street, 5 Yeatman Street includes:
-170m2 of air conditioned offices & showroom;
-150m2 of covered, lockable storage;
-12 tenanted storage units totalling 312m2;
-6 on site car parks, including 3 undercover.
The property is perfectly positioned only 3 minutes from the CBD and with easy access onto either Woolcock Street or Charters Towers Road.
Currently the office, showroom and covered storage area is occupied by the Sellers and will be vacant upon settlement. This area is capable of leasing at $35,000 per annum + GST.
The 12 storage units are leased and returning $50,220 per year + GST.
The property is capable of a net income of approx. $71,897 per year + GST once the offices, showroom and storage are leased.
The property would suit an investor or owner occupier wishing to collect income from the storage units.
Contact marketing agents Ray White Commercial for more information.