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4 Rural Drive, Sandgate is an industrial facility, situated on a substantial 8.64ha* land holding which is being offered with a community title subdivision registration in place. The site can be purchased either in-one-line or individually. Currently, the property features two warehouses: one offering 9,970sqm* and the other 2,203sqm*, both with leases in place and generating considerable rental income.
The property offers various repositioning, redevelopment, or investment opportunities, enhanced further by surplus developable land. Additionally, the site includes two separate approved DA's, one for a 34-unit strata industrial development with a total building area of
6,376.56sqm*. The second approval is for a three unit strata building totalling 2,106sqm*, both providing significant potential for future growth.
- Site area 8.64ha*
- Total building area 6,376.56sqm*
- Current rental income $1,280,672.52 per annum plus GST
- Multiple opportunities
- Zoned E4 General Industrial
*Approximately
Remember to mention you found this property on CommercialReady
4 Rural Drive, Sandgate is an industrial facility, situated on a substantial 8.64ha* land holding which is being offered with a community title subdivision registration in place. The site can be purchased either in-one-line or individually. Currently, the property features two warehouses: one offering 9,970sqm* and the other 2,203sqm*, both with leases in place and generating considerable rental income.
The property offers various repositioning, redevelopment, or investment opportunities, enhanced further by surplus developable land. Additionally, the site includes two separate approved DA's, one for a 34-unit strata industrial development with a total building area of
6,376.56sqm*. The second approval is for a three unit strata building totalling 2,106sqm*, both providing significant potential for future growth.
- Site area 8.64ha*
- Total building area 6,376.56sqm*
- Current rental income $1,280,672.52 per annum plus GST
- Multiple opportunities
- Zoned E4 General Industrial
*Approximately
Remember to mention you found this property on CommercialReady
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