The opportunity exists for astute investors to purchase a long term lease to an ASX 100 Listed Company. Located in an established industrial precinct with access to major arterial roads and B-double routes. The offering has long term appeal due to the improvements being applicable to a variety of industrial uses and potential development upside (STCA) with a low site coverage of 31%.
This prime industrial investment ticks all the boxes:
* Total of 13,774sqm
FOR SALE BY EXPRESSIONS OF INTEREST, CLOSING 4PM 27th MARCH 2013
The size of Archerfield is approximately 4.4 square kilometres. It has 4 parks covering nearly 0.6% of total area. The population of Archerfield in 2011 was 510 people. By 2016 the population was 530 showing a population growth of 3.9% in the area during that time. The predominant age group in Archerfield is 20-29 years. Households in Archerfield are primarily childless couples and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Archerfield work in a trades occupation. In 2011, 53.1% of the homes in Archerfield were owner-occupied compared with 59.3% in 2016.
Archerfield has 606 properties. Over the last 5 years, Houses in Archerfield have seen a 93.00% increase in median value, while Units have seen a 54.00% increase. As at 31 October 2024:
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