For Sale by Expressions of Interest closing Thursday 10 April 2025 at 4pm 44 Russell Street, Branxton presents a rare parcel of industrial land situated in a tightly held precinct. This property features a 988sqm* industrial warehouse, complemented by a tenanted house that generates a reliable passing income of $95,145* net per annum plus GST. The site offers substantial opportunities for further development. Notably, there is an existing approval for 53 storage units, which can be implemented without impacting the current 988sqm* warehouse. This presents an avenue to enhance your investment's value and yield. The property includes hardstand space, offering additional options for development or expansion with a substantial 6,003sqm* site area. This flexible area can be tailored to meet the specific needs of various businesses or utilised for additional storage, enhancing the overall functionality of the site. Key features: - Current passing income $95,145* net per annum plus GST - Strong investment upside & development potential - Site area 6,003sqm* - Zoning E4 General Industrial - DA Approved for 53 storage units and associated car parking, not effecting existing building - Three street frontages *Approximately
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Immobilie ID: 504800952