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5 Nicholson Road, Picton East WA 6229
$650,000 + GST
  • 4018 m2
  • 485 m2

INVESTORS DREAM-FREEHOLD ONLY

  • This facility is approximately 1 year old and is obviously in immaculate condition.
  • The property comprises 4018m2 of Light industrial Land with approximately half hot mixed and drained and the remainder gravel hardstand with drainage.
  • The new shed has an area under roof of approx. 485m2 with easy access and good height and has the capacity to be used for a number of purposes but is currently a successful tyre business.
  • The seller is offering this property for sale and will lease back at a return of 7.8% with a 3 + 3 year term, making this one of the most attractive property investments in the district.
  • Asking $650,000 + GST if applicable.