20 Ferguson Street, Underwood QLD

For Sale




* 657m2* concrete block and brick freestanding warehouse / factory building
* Situated on 1,100m2* of freehold industrial land
* Consists of two workshop units - 383m2* and 274m2* in size
* Unit 1 is a 383m2* workshop with 2 front roller doors
* Leased until 30/01/2020 + 3 year option to "K & G Automotive Services"
* Unit 2 is a 274m2* workshop with front & rear roller doors
* Unit 2 is leased to long term tenant "New Image Paint & Panel" of 9 years until 31/3/2019
* Perfect building for an astute investor looking to secure a well positioned property
* Dual access for unit 2 – access from the front or the back via a laneway
* Each unit has its own toilet amenities
* Combined current gross rent including outgoings is $74,867.34 + GST p.a
* Outgoings - Rates and Water and Building Insurance are currently $13,441.86 p.a
* Building has been freshly painted and new guttering installed this year
* New bitumen laid this year on car park area
* Lots of other features, too many to list, so you will need to inspect
* Call Exclusive Agent to arrange an inspection
Please contact the listing agent for more details by clicking on the link above.

Ray White has not independently checked any of the information we merely pass on. We make no comment on and give no warranty as to the accuracy of the information contained in this document which does not constitute all or any part of any offer or contract by the recipient. Prospective purchasers / lessees must rely on their own enquiries and should satisfy themselves as to the truth or accuracy of all information given by their own inspections, searches, inquiries, advices or as is otherwise necessary. No duty of care is assumed by Orchid Avenue Realty trading as Ray White Surfers Paradise Commercial divisions toward the recipient with regard to the use of this information and all information given is given without responsibility.