Positioned on a corner block within one of Grovedale's busiest industrial hubs, this rare offering comprises two connected commercial sheds on a land parcel of approximately 981m2. With high visibility from a busy main road and excellent accessibility, these sheds provide a versatile opportunity for trade, storage, light industrial, or commercial operations.
The property is leased to a secure long-term tenant, generating approximately $73,000 per annum in rental income. The existing lease offers two years remaining on the current option, supported by two additional five-year terms, ensuring reliable continuity of income and an attractive foundation for a secure, long-term investment strategy.
Property highlights:
• Two interconnected sheds, each equipped with toilets (including ambient), shower, roller door, and kitchenette
• Shed 1 includes a dedicated office space
• Shed 2 features a larger office area with mezzanine, offering additional storage or work capacity
• Multiple entry points: Shed 2 has roller doors at both the front and side, allowing convenient access from either street
• Generous parking at the front, accommodating up to six vehicles
• Corner block location providing enhanced exposure and accessibility
• Positioned in a thriving industrial hub with excellent traffic visibility and proximity to key services
This property represents a rare opportunity to acquire a versatile industrial investment in a sought-after location, ideal for owner-occupiers or investors seeking functional, high-visibility sheds in Grovedale.
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