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PASSIVE INVESTMENT OPPORTUNITY IN WELL ESTABLISHED BUSINESS.

8 Sawmill Road, MOSSMAN QLD, 4873

Sold

Property Sold in 8 Sawmill Road, MOSSMAN QLD, 4873

Listing ID:
11349595
Status:
Sold
Price:
SOLD
Last Updated:
25/06/2019
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Property Type

Industrial/Warehouse
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Land Area

2000 SQM
Icon size

Floor Area

1000 SQM
Icon parking

Parking

N/A

PASSIVE INVESTMENT OPPORTUNITY IN WELL ESTABLISHED BUSINESS.

Consider this storage shed complex which has been established for 20 years and enjoys remarkable occupancy levels. Located in Mossman, this business comprises 69 storage sheds of various sizes ranging from 2.4m x 1.4m to 8.0m x 3.5m. Commercial & private clients are catered for with the management controlled by Ray White Mossman. Clients are sourced in-house from the local Ray White agencies and from the wider Far North Queensland community.

The complex is located in the South Mossman light Industrial area and covers 2 adjoining lots with total land area of 2000sqm. The property is well maintained and the structures are in good order. Last financial year the business grossed $117,000. After expenses the net income was $85,000.00 (approx). Therefore net yield is around 8.5% p.a.
The long term owner is winding down and divesting his assets. Take a close look at this investment which is showing a very healthy return. Contact Nicole Dwyer on 0416 033 948, nicole.dywer@raywhite.com or Alan Crossman on 0419 793 434, alan.crossman@raywhite.com

For more details, please email agent

Ray White Port Douglas

1, 48 Macrossan Street, Port Douglas, QLD 4877


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