81 Muldoon Street, Taree NSW 2430

$640,000

INVEST OR OCCUPY – MULDOON STREET – TAREE NSW

First National Commercial are pleased to offer for sale 81 Muldoon Street, Taree.

Located near the busy intersection of Muldoon Street and Grey Gum Road, this freehold industrial factory offers the flexibility to invest and or part occupy.
Sitting on a level 2230sqm approx. site, the building consists of 3 individual tenancies providing a total building area of just under 1000sqm.
Consisting of meta clad and portal frame construction, the front showroom and factory of 380sqm approx. has just become available for lease and the rear of the building has a new lease agreed for a further 2 years to the long established courier tenancy.
A side bay of approximately 100sqm is available to either combine with the showroom or lease separately if required.
The property is accessed from Muldoon Street with concrete side drive and front turning bay for separate ingress and egress points.
On a fully leased basis, the property would return a net income of between $50,000 & $55,000pa + GST providing a return of over 8%.
Should you be considering a straight industrial investment or to purchase your own premises with the ability of an additional income stream, this building is one not to be missed.
For further details or to arrange an inspection, please contact Dan Shultz on 0408 653 022.

Property Details

• Type: Offices, Retail