206 West Street
Allenstown QLD 4700
$1,250,000
TENANTED INDUSTRIAL INVESTMENT OPPORTUNITY
Located in the tightly held suburb of Allenstown, this industrial/retail investment opportunity is positioned adjacent to the Bruce Highway, providing excellent connectivity to Rockhampton CBD and the Northern Suburbs.Comprising approximately 1,170 sqm* of lockable shed space under roof, the property includes cold room storage (approx. 215 sqm*), dry storage, offices and multiple loading bays. Attached to the northern side of the shed is a high-clearance awning of approx. 190 sqm*, adding further functionality for logistics and storage operations.
Currently leased to Beemart Enterprises Pty Ltd, the property provides a secure holding income of circa $97,000 per annum net, The lease runs until May 2027 with a further 3-year option, delivering both immediate income and long-term investment security.
KEY ATTRIBUTES INCLUDE:
•Approx. 1,170 sqm* main lockable shed under roof
•Includes approx. 215 sqm* cold room storage plus dry storage, offices & loading bays
•Additional 190 sqm* high-clearance awning
•Secure lease to Beemart Enterprises Pty Ltd until May 2027 with further 3-year option
•Current net income: Circa $97,000 per annum
•Additional accommodation component on the Mezzanine floor.
*approx*
This is a rare opportunity to secure a well-located industrial/retail asset with a strong lease covenant and exceptional connectivity.
Features
General Features
- Land Area: 2,201sqm
- Commercial Type: Industrial/Warehouse
- Building Area: 1,360sqm
Can I afford 206 West Street?
Whether you’re a first-time buyer, looking for your next home, or considering upgrading or downgrading, Elders Finance can unlock the doors to the right finance option for you and get you into the home of your dreams.
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