1-3 Dewer Avenue, Ridgehaven

PROMINENT LAND HOLDING ON 2 TITLES WITH 3 STREET FRONTAGES

1-3 Dewer Avenue, Ridgehaven

  • Price: Contact for price
  • Location:RIDGEHAVEN
  • Area:1468 sq metres

PROMINENT LAND HOLDING ON 2 TITLES WITH 3 STREET FRONTAGES

Strategically positioned property in close proximity to North East Road and TTP. For many years the land has been utilised as a swimming pool display centre (Freedom Pools) with associated offices, storage shed and ample on-site customer parking.

The land is contained in 2 Titles with valuable frontages to Golden Grove Road, Dewer Avenue and Faye Avenue and the land has a total area of approx 1468 sqm.

The property is currently leased to a long-standing Tenant until 31.03.2015 and Tenant has provided notification it will be vacating at that time.

Current rental is $92,378.00 PA + GST with Tenant responsible for payment of all Statutory Charges (except Land Tax) and Tenant also reimburses Landlord for its insurance premium.

The property has been held in the same Ownership since 1989 and is offered for Genuine Sale and therefore realistic price expectations have been set.

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