Colliers International is delighted to offer for sale 374 Vardys Road, Kings Park.
This is a rare opportunity to purchase an industrial investment with development upside, and for an owner occupier in years to come.
The property comprises: Premium main road position in an established, popular industrial location. Regular shaped, largely level site, with no easement affectations. Functional improvements over two main buildings. Improvements comprise good quality offices, and high clearance buildings (some with cranes). Additional yard areas to the rear of the site. Two national tenants in occupation with strong current income of $605,225 per annum gross + GST*. IN2 Industrial zoned land, permitting a broad range of uses (subject to Council approval). Future development potential, subject to Council approval. Main road exposure with right hand turn access in and out of the site. Located within minutes drive to the M7 Motorway & Walk to Railway Station.
Expressions of Interest closing Wednesday 24 July 2019 at 4PM (AEDT).
To obtain more information or to arrange an inspection please contact exclusive selling agents.
*All areas approximate only.
No open times scheduled. Contact Agent to arrange a viewing.
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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.