Other Commercial size: 1600 m² approx.UV: $614,000 (2019)
Located on the corner of Barrier & Lyell Streets in Fyshwick. Providing very high exposure, set back against a lovely garden.
Now available for purchase via Expressions of Interest, 2 Lyell Street is a modern services / office building within the suburb of Fyshwick. The building is currently 87% tenanted with 1 remaining vacancy, this building offers a fantastic investment opportunity.
Features: * Located in the heart of Industrial Fyshwick on the corner of Barrier and Lyell St * Huge amount of passing vehicle traffic and excellent street exposure * 3 strata units currently utilised as five separate tenancies. * All units owned by the seller and up for purchase in one line * 87% leased, 4 tenants, 1 vacancy * Anchor tenant recently signed 10 year leased, generating 40% of income * Onsite parking for 19 vehicles * Ground Floor - 1,025sqm * Level 1 - 575sqm * Building area of 1,600sqm on 1,860sqm block * Potential annual net rental income approx $298,000 + GST p.a.
EOI applications close 2 October 2019
For more information, or to arrange an inspection contact Andrew Smith on 0409 600 471 or Lenny Haddrill on 0402 565 166
No open times scheduled. Contact Agent to arrange a viewing.
A block's planning zone defines how that land can be used and what can be built on it.
A right to use a part of land owned by another person for a specific purpose. The most common forms of easements are for services, such as water, electricity or sewerage.
The value of a block of land without any buildings, landscaping, paths, or fences. This is different to the block's market value. A block's unimproved value is used to calculate rates and land tax charges.
This represents the shape of the geographical land. Closely spaced contour lines represent a steep slope. Widely spaced lines represent a gentle slope.
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