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High Yielding Industrial Opportunity

24-26 Chicago Street, Alexandra

Industrial Buildings
dollar

Negotiation

Floor area
2250m2
Land area
7586m2
Title type
Freehold
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Property details

Listing # 67029298 | Listed on 7 June 2024

This is an excellent opportunity to purchase a significant industrial property within an established location in Alexandra. The property is a corner site held within three separate title identifiers with a total land area of 7586sqm (more or less). The anchor tenant is part of Foodstuffs South Island plus there is an Allied Fuel Stop at the front of the property. The property provides large buildings on either boundary with easy access onto a central turning courtyard plus additional carparking at the front of the property. The property has further development potential with an excellent holding income.

Investment Highlights:

  • Anchor tennant part of Food Stuffs South Island
  • Three separate title identifiers
  • Corner site with a total area of 7,586 sqm (more or less)
  • Further development potential
  • Two separate buildings totaling 2250 sqm (more or less)
  • Current net rental income of $189,430 plus GST

The information memorandum provides preliminary information to assist interested parties with their assessment of the property.

All enquiries, requests for information and arrangements to undertake inspections in relation to this opportunity are to be directed to the sole agents, Roger Ellis and Geoff McElrea.

For sale by negotiation.

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