3,400SQM* WAREHOUSE WITH ALBANY RING ROAD EXPOSURE
• Ideal for large-scale warehousing, logistics and storage operations • Strong transport connectivity to key roads • Leased to established local tenant • surplus hardstand/land to support operations
Wellington & Reeves are pleased to present 25 Lower Denmark Road, Mount Elphinstone for sale.
Positioned in one of Albany's most strategically located industrial precincts, this substantial investment offers a rare opportunity to acquire a large-scale warehouse facility with secure holding income and outstanding connectivity.
The property comprises an expansive 3,400sqm* warehouse situated on a 6,335sqm* Survey Strata lot zoned Light Industry. The warehouse measures approximately 89m x 38m, with an internal clearance height up to 5.3 meters, providing excellent functionality for warehousing, storage and distribution operations. The facility also includes an office, lunchroom, male and female ablutions with showers and a storage/parts room.
Ideally located with direct access to Albany's major freight and transport corridors, the property benefits from excellent connectivity to Albany Ring Road, Hanrahan Road, Albany Highway and the Port of Albany. The property also enjoys prominent exposure, enhancing its profile within the industrial market.
Currently leased to established local operator 4 Steel Supplies, the property generates a gross income of $122,765 per annum and is secured by a lease expiring 31 October 2028.
Further supporting the property's functionality is approximately 700sqm* of additional land suitable for storage, hardstand or operational expansion (subject to approvals).
Recent improvements include replacement of the warehouse guttering, refurbishment of both bathroom ceilings and installation of new guide rollers to the northern double access doors.
AVAILABLE VIA EXPRESSIONS OF INTEREST CLOSING 4TH DECEMBER 4PM (AWST)
Contact Justin Tidbury on 0407 625 291 for more information.