97 Old Maryborough Road & 94 Islander Road Hervey Bay, 4655 QLD
Huge Price Reduction on This Quality Investment with Redevelopment Potential
This top quality industrial property is now even better value. With a total land area of 8147m2 zoned low impact industry and over 2000m2 of building area, it offers two street frontages and is centrally located near Hervey Bay's CBD.
Several long term tenants are in place including Just Kits who have recently signed a new 5 year lease.
With a solid return of 8% and redevelopment potential, this site would be a great investment for a super fund with the opportunity of a 12% net return once fully leased.
Recently reduced to only $1.65 million, this property is selling for well below replacement value so be quick to secure this fantastic investment and redevelopment opportunity.
Contact Exclusive Marketing Agents Century 21 Commercial Hervey Bay today on 4124 0224 for a full Property Report.
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Inspection of this property is available strictly by arrangement only.