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21-23 Clark Street, Ballina
SOLD
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For Sale
Property Details
Property Type
Industrial/Warehouse
Offices
Land/Development
Land 3539m²
Floor 1564m²
Parking 6
Strategic Investment with Development Upside
An outstanding opportunity to secure a rare, large industrial holding close to Ballina's CBD, shopping centres and easily accessible to East Ballina and the booming areas of Lennox Head and Skennars Head, neither which has an industrial precinct.
The property features a 385m2 air-conditioned office, securely leased on a 3-year term with a 3-year option, along with 70 storage sheds. The office tenant has just completed a substantial renovation of their tenancy. The storage shed sizes range from 9m2 to 36m2 providing a spread of options. This multi-income stream investment generates an attractive net income of approximately $255, 140 + GST per annum.
In addition to the strong returns, the substantial 3,539m2 site offers excellent future development potential. Strategically positioned within the tightly held Clark Street Industrial Precinct, it benefits from prime location as this precinct is opposite Ballina's major shopping centres and adjoining the key transport route to Lennox Head and Skennars Head.
For more information, please contact Dean Shay
Property Brochures
- Property ID 1YCXF5A
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For Sale
Property Details
Property Type
Industrial/Warehouse
Offices
Land/Development
Land 3539m²
Floor 1564m²
Parking 6
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