BUSINESS ZONE B5
BUSINESS DEVELOPMENT ZONE B5
This is a diamond in the rust property offer unlimited potential for the future prime investment that can not be missed, offering the future development opportunity with amalgamation to the neighbour properties and the potentials are huge, land size is 280M2, height limit is 18m, rear lane access to many parking spaces, currently leased and operated as a timberfloor showroom, only a few minutes walk to the train station and set in central of City of Canterbury
*Currently leased to 2026
*Option - further of 5 years
*Current rental income $31,380 p.a ((Excluding GST)
*Outgoings - tenant pays 100%
*Rent increase - annually fixed $5,000
*Current use - Timber floor showroom
