The ideal sized industrial unit has entered the market. Sitting tidily amongst professionally-used neighbours and one of Fyshwick's best coffee spots, Unit 7 features approximately 103m² of floorspace for those wanting to purchase their own piece of industrial real estate.
Unit 7 offers a blank canvas with a range of potential for numerous businesses. Offering high ceilings, roller door access, natural light with north facing windows and shopfront on high-traffic street.
With holding income until May 2024 this unit offers the new owner the possibility of moving in to the unit or seeking a long-term tenant.
Key Property Features:
• *103m² of industrial warehouse space
• Being sold as a 'Going Concern' - Lease in place until May'24
• Kitchenette
• Private bathroom
• 3x allocated car parking spaces within complex
• Front and rear entry
• Wide roller-door access, recently upgraded
• 3-phase power
• Local amenities including; service station, coffee/cafe shop, mechanics, retailers, trades and other businesses
'Going Concern' - Tenanted Investment:
• Rent = $27,364.56 including GST
• Outgoings = *$10,432.00 pa
• Annual Increases = 3% annual increases
• Lease Expiry = 15 May 2024
*Approximate
The size of Fyshwick is approximately 9.8 square kilometres. It has 3 parks covering nearly 21.1% of total area. The population of Fyshwick in 2011 was 647 people. By 2016 the population was 44 showing a population decline of 93.2% in the area during that time. The predominant age group in Fyshwick is 40-49 years. Households in Fyshwick are primarily single parents and are likely to be repaying $450 - $599 per month on mortgage repayments. In general, people in Fyshwick work in a labourer occupation..
Fyshwick has 1,329 properties. As at 31 October 2024:
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