$320,000

0 Bed  •  1 Bath  •  0 Car  •  660m²

Main view of Homely other listing, 771 Henry Searle Drive, Iluka NSW 2466
Second view of Homely other listing, 771 Henry Searle Drive, Iluka NSW 2466
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Sold

771 Henry Searle Drive, Iluka NSW 2466

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$320,000

  • 0
  • 1
  • 0
  • 660m²

Other Sold on Wed 13 Jun, 2018

What's around Henry Searle Drive

Other description

“OPPORTUNITY TO PURCHASE STORAGE UNITS AT ILUKA.”

A great opportunity for investors in this growing area of the North Coast, to invest in a safe, and always-in-demand article, which is showing good returns, with very little maintenance cost.
Situated on 660m2 and zoned industrial, the 15 units (6m x 3m) have excellent all-weather road way access from the front. Building constructed of concrete block with an iron roof. Each unit has a double lockable Rolladoor entry for easy storage.
Income and expenditure figures for the 2016/17 year are available to interested buyers. Estimated occupancy rate of around 80%. Rates are $2,053.00 per annum.
Due to the creation of the new highway, this area has seen a great improvement in property prices and investors looking to move here, and looks like continuing for some time. As a result, demand for storage units can only increase.
For inspection and further information, please contact this office on (02) 66 462 400, and speak to Grant or Michelle, or ring Ian Dunbar on 0414 949 531.

Other features

bedroom-studio

Municipality

Clarence Valley

Land details

Area: 660m²

Contact the real estate agent

Ian Dunbar

Lifestyle Group - Yamba

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771 Henry Searle Drive, Iluka NSW 2466
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