LJ Hooker Queanbeyan | Jerrabomberra | Googong is delighted to present for sale 205 Gilmore Road.
The outstanding freehold warehouse / showroom / workshop is ideally located only 10 minutes from Fyshwick in the West Queanbeyan industrial estate.
Excellent property, concrete and metal construction, 2 levels with dual access from both Gilmore Road and Kendall Avenue.
Large covered concreted parking/storage area accessed off Kendall Avenue approx. 375m in area, security fencing plus in-out driveway with high clearance.
Total site area comprises approx. 1,449m.
Zoning is E4 General Industrial.
The property is currently tenanted with 2 strong long term tenants and is divided into 4 separate units with only unit 1 being vacant.
Unit 1
Showroom, access off Gilmore Road, approx. 383.5m in area, clear span, good height, own kitchen and bathroom facilities, 3 x offices, staircases to 2 adjoining workshop units below, allocated car spaces plus turn bay at front.
Unit 2
Showroom/warehouse, access of Gilmore Road, approx. 500m in area, good height, clear span, roller door, own kitchen and bathroom facilities, allocated car spaces plus turn bay at front.
Unit 3
Lower level workshop, access off Kendall Avenue, approx. 270m in area including Dincel retained storage area, high clearance, clear span, own kitchen and bathroom facilities, high auto roller door.
Unit 4
Adjoining lower level workshop, access of Kendall Avenue, approx. 362.7m in area including Dincel retained storage area, high clearance, clear span, own kitchen and bathroom facilities, high auto roller door.
Note
If a buyer wishes to occupy part of the building for their own use, Unit 2 could potentially be available (further details available if required).
Rental
Current gross annual income $211,338 + GST plus 100% of outgoings paid by tenants.
No GST applicable to sale price as sold as "Going Concern".
Ideal for astute investors or self managed super fund.
Asking Price $3.3 - $3.5 million range
We have in preparing this document used our best endeavours to ensure the information contained is true and accurate, but accept no responsibility and disclaim all liability in respect to any errors, omissions, inaccuracies or misstatements contained. Prospective purchasers should make their own enquiries to verify the information contained in this document.
The size of Queanbeyan West is approximately 2.8 square kilometres. It has 13 parks covering nearly 28.2% of total area. The population of Queanbeyan West in 2011 was 3,156 people. By 2016 the population was 3,142 showing a population decline of 0.4% in the area during that time. The predominant age group in Queanbeyan West is 20-29 years. Households in Queanbeyan West are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Queanbeyan West work in a clerical occupation. In 2011, 64.3% of the homes in Queanbeyan West were owner-occupied compared with 62.7% in 2016.
Queanbeyan West has 1,728 properties. Over the last 5 years, Houses in Queanbeyan West have seen a 56.48% increase in median value, while Units have seen a 23.14% increase. As at 31 October 2024:
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