Retail/Showroom/Warehouse

SOLD

60 Medcalf Street

Warners Bay NSW 2282

Industrial

FOR SALE

542m2

A fantastic opportunity to purchase a very well maintained retail showroom warehouse positioned to take full advantage of the high volumes of passing traffic. Positioned in Warners Bay the property draws retail customers from a wide residential base and will be attractive to owner occupiers, retail bulky goods / warehouse tenants and investors alike. The key selling features are detailed below:


Torrens Title – full ownership of 765sqm approx site area

Improved – 501sqm approx of quality retail showroom warehouse with 41sqm of mezzanine

Convenient – 11 on site car spaces including disabled car park, inviting entry in prominent location

Solid – cement block and tilt slab construction, gloss finish concrete floor, high bay lighting, toilet facilities and air-conditioned kitchen / managers office

Income – short term cash flow from existing tenant whose lease expires in November 2014

Flexible – Currently zoned 4(2) Industrial General under Lake Macquarie Council Local Environmental Plan 2004, to be rezoned B7 Business Park under Draft Lake Macquarie Local Environmental Plan 2014. The flexible B7 Business Park zoning provides for, but is not limited to, child care centres; dwelling houses; light industries; neighbourhood shops; residential flat buildings; shop top housing and office premises. (STCA)