16 Fern Street, Islington NSW

For Sale

Industrial

By Negotiation: $950,000 to $1,040,000

390m2

This brick construction warehouse is located on the Eastern end of Fern Street is approximately 70 metres from popular Beaumont Street.

* Currently leased to Signwave until 31 March 2020 + 3 year option to renew
* Net income approx $35,300 per annum
* Zoned B4 Mixed Use
* 14 metre height limit and floor space ratio of 2:1
* Land area 481m2 approx

This is an opportunity to secure a sizeable parcel of land with great development prospects whilst having a steady rental income.

Islington is a burgeoning suburb that is fast joining neighbouring Hamilton as a popular place for cafe's, restaurants as well as an eclectic mix of antique and homewares shops.