22 John Bull Street, Queanbeyan West NSW 2620

$1,400,000

4 beds

2 baths

Unique & Flexible with Multiple Options

LJ Hooker Queanbeyan | Jerrabomberra | Googong is pleased to present this exceptional industrial property for sale, located in the Queanbeyan West industrial area, 22 John Bull Street.

Offering easy access to Fyshwick, Hume, and Canberra Airport, this property is an outstanding opportunity for both owner-occupiers and investors.

Superbly presented and well-built, this brick property sits on a 777m� block with dual street frontages to John Bull Street and Ogilvie Crescent. On-site parking is available at both access points.

The unique layout offers a passive gross income stream of approximately $69,717.16 from four tenancies, while still allowing the option to utilise 188.16m� of ground-floor space for your own business.

Alternatively, you may choose to reside in the spacious four-bedroom, ensuite residence on the upper level, enjoying expansive outdoor areas and stunning 360-degree views of Canberra and beyond. Should you take this option, you will still receive a passive income of $35,917.16, while also making use of the ground floor for your own needs.

Property Breakdown (Approximate Areas):
- Ground Floor: 396.25m�
- Residence: 140m�
- Outdoor Area: 163.99m�
- Bedsitter: 43.52m�

Additional Details:
- 14kW solar system to help off-set power costs
- 3 Phase power to the property
- Current Rates: $7,852.38 per annum
- Unimproved Capital Value (UCV): $477,000
- GST is not applicable to this property as per Contract of Sale

This versatile industrial property is in excellent condition, providing buyers with a range of options-whether for full investment, owner-occupation with an income stream, or a combination of both while taking advantage of the prime location and breath-taking views.

For further information, or to book a private inspection please contact Michael Dyer on 0438 174 400.

Property Details

• Type: House
• Bedrooms: 4
• Bathrooms: 2
• Land Area: 777 m² (approx)