Secure Investment - Long Lease in Place

$720,000

45 Fleming Street

Wickham NSW 2293

Industrial

FOR SALE

140m2

This unique property was once an industrial workshop that has been beautifully crafted into a modern day office.

The existing tenant has occupied the property since 2016 and recently extended their lease by a further (3) years.

- Net return approximately $33,099 per annum
- Leased until July 2022 plus (3) year option thereafter
- Building 140m2 (approx) & land area 240m2 (approx)
- Zoned R(2) Low Density Residential

With residential zoning, this property has plenty of potential to be converted to a residence in the future (subject to Council approval).

A set & forget investment in a hugely popular harbourside suburb.