Industrial size: 1300 m² approx.UV: $475,000 (2019)
Now open for sale, via private treaty, 42 Hoskins Street Mitchell in a two-story IZ2 industrial building. The ground floors are currently tenanted via TDX Tiling & adult services tenant Wanderlust and the first floor is currently leased by brothel & escort agency Langtrees. All tenants have made significant investments in high quality fitouts and also pay all water supply and usage charges.
The features of the property include:
Fully leased Building area of 1,300m2 Block area 1,706m2 Dual access via Grimwade / Hoskins Street Annual rental income $203,010 with 5 % annual increases
Don’t miss this opportunity to purchase this rare building with a unique use purpose clause.
For more information or an inspection please contact: Dania Khalil 0406 375 946 Dania.firstname.lastname@example.org
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.