Development Opportunity With Income

Facey Property is proud to offer this property for sale by Expression of Interest closing Thursday 19 September at 4pm.

With a wealth of potential, now’s your chance to own this parcel of land at just over an acre, within Industrial 1 zoning and boasting a 99-metre frontage.

The existing leases provide a good passing income of approximately $221,085pa plus GST and outgoings, while you plan how to maximise this diverse asset.

Unit 1, 86-92 Old Princes Highway: $37,900pa plus GST and outgoings as of 01/10/24 on a periodic tenancy
Unit 2, 86-92 Old Princes Highway: $34,466pa plus GST and outgoings to 06/11/25
Unit 3*, 86-92 Old Princes Highway: $29,807pa plus GST and outgoings to 30/06/25
Unit 4*, 86-92 Old Princes Highway: $28,912pa plus GST and outgoings to 31/05/25
94-100 Old Princes Highway: $90,000pa plus GST and outgoings from 01/09/24 periodic tenancy
* NB – Unit 3 and Unit 4 have one further term of 2 years

Originally a roadside house, this site has grown into what it is today, a sand/soil site of 2,016m² with four adjacent factories on the balance of the land.

This sale is a unique opportunity in the heart of Beaconsfield with the scope to enhance what is already there or plan for the future.

Enquire at www.faceyproperty.com.au to make your next move.