77 Norseman Road, Castletown WA 6450

$2,650,000
Other
Added 4 days ago
77 Norseman Road, Castletown WA 6450

Proudly listed by Keith Ogley and Julie Jackson, Elders Real Estate Esperance

Investor opportunity

Elders Real Estate Esperance is excited to present an exciting acquisition opportunity to secure 6,927sqm of prime industrial real estate located directly on Norseman Road. Affording impressive 52.9m street frontage along the main thoroughfare of the local industrial precinct in Esperance.

A freehold opportunity benefiting from a dual tenant income stream with two buildings located at 75 and 77 Norseman Road and the potential of a third tenancy via a separate 9.5 x 12.5m standalone shed.

The larger of the two buildings is tenanted by Wicked Welding and Fabrications, and offers an open showroom, 2 office areas, air conditioning and an adjoining staffroom, kitchen and toilet facilities. Constructed from steel columns and trusses, the large workshop is equipped with concrete floors, high clearance doors, various 3 phase and single-phase power outlets and a 3.2 tonne overhead gantry crane.

Leased by Esperance Distillery Co., the second building is constructed from rendered brick with a tin roof and offers a showroom, work area with amenities, two separate office/storerooms and two large freezer rooms.

Both tenancies are provided more than ample on-site parking.

Offered for sale as a going concern and showing strong returns, take advantage of this unique opportunity. Contact Keith Ogley to obtain further information 0427 714 714.

Need to know –

- 2 fully self-contained buildings totalling 1,800sqm
- 25Kw Rooftop Solar Panel System fed to the grid on main workshop
- 3.2t gantry crane
- 5 large, high clearance access doors
- LED high bay lights throughout
- Surveillance camera system
- Good concrete floors and outside hard stand
- Lockable yard for safe storage
- Large access gates to both sides of yard
- Showing a 6.3% return on the asking price
- Being sold as a going concern

***Every precaution has been taken to establish the accuracy of the above information; however, prospective purchasers are advised to carry out their own due diligence***

Property features

  • Land area 6,927m2
  • Floor area 1,930m2

Property snapshot by reiwa.com

This commercial property at 77 Norseman Road, Castletown is listed for sale by Keith Ogley at Elders Real Estate.

It has been described by the agent as ‘Proudly listed by Keith Ogley and Julie Jackson, Elders Real Estate Esperance’.

If you would like to get in touch with Keith Ogley regarding 77 Norseman Road, Castletown, please call 0427 714 714 or contact the agent via email.

Cost breakdown

  • Council rates: $8,897 / year
  • Water rates: $901 / year

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