$350,000

42 Hyde Street, South Grafton NSW 2460

2225 m²

407 m²

$350,000

42 Hyde Street, South Grafton NSW 2460

2225 m²

407 m²

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INDUSTRIAL INVESTMENT

This 2,225 square metre (in excess of half an acre) site boasts frontage to both Hyde Street and Armidale Road, providing higher street exposure than most industrial properties in the area. The 25 metre by 15 metre steel framed, colorbond clad warehouse has a 6 metre by 15 metre air conditioned brick showroom/lunch room/amenities block built into one end. Above the showroom/office is a mezanine level that provides an additional office and storage space. High vehicle access doorways for easy stock transfer. An additional 8 metre by 4 metre hay shed is constructed on the site. Full perimeter security fencing protects your investment. Town water, power, telephone and sewerage are all connected. McGregor Gourlay Rural Produce Merchants lease the premises. Current lease expires September 30, 2016 with the right to take up a further 1 year option (tenant has indicated they may be interested in longer term). Currently returning $30,000 + GST per annum.

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