If history has taught us anything, it is change is always just around the corner!
Take one look at 14-20 Abbott Street’s surrounds… you’ll see leafy green, tree lined residential streets, brimming with homes and families!! Two thriving lifestyle strips, speciality food stores, shopping centres, public and private school, parklands, sports and leisure arenas and a mixed-use development, large enough to create its own suburb.
These are the Elements of Change!! The precursors to a fundamental shift. It’s apparent these last pieces of industrial land, won’t be kept back for too much longer. It’s only a matter of time, before they rezone into residential.
The tenant is exceptional!! They have been in occupation since 2011, their current lease term expires December 2024 i.e. a 13 year tenure and counting!!
Rent is paid like clockwork… this is literally a property that ‘manages itself’. All you have to do is sit back, collect the rent and watch your asset increase in land value and eventually, drastically increase with a rezone into a residential zone.
There’s no question on the quality of the property, the quality of the location, nor the quality of the tenant… The only question is, who will be the lucky one to capitalise on it all!!
For Sale by Negotiation.
Site 2,642sqm* – Building 3,103sqm*.
For further information or to arrange an inspection, please contact our sales team.