12 Uki Street ,YAMBA ,2464 ,New South Wales

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Sold

Sold for $810,000 (Jul 21, 2017)

SOLD BY DENISE JILLETT

Property ID: 16913450

Held in the same ownership since new, the opportunity now presents itself for new owners to secure this prime piece of industrial property in the heart of Yamba’s Industrial Estate.

• Total building area of 860m2

• Land Area 1690m2

• Convenient 2 street frontage

• Ample parking at the front of the property

• Full brick and color bond structure

• 3 Secure long term tenants in place

• 3 phase power throughout

• 2 vacant adjoining units with areas of 170m2 and 110m2 ready for you to make your own or lease out

• Returns $46692 gross per annum with existing 3 tenants in place

• Potential to return in excess of $70,500 gross per annum if 100% let that’s an 8% gross return !

Unit 1 has an area of 240m2 and a current long term tenant in place on a lease until 2018 with an option to extend into 2021. Rent paid is $1682 per month.

Unit 2 has an area of 170m2 and a current long term tenant in place who has been there since the building was first built. Rent paid is $1009 per month.

Unit 3 has an area of 170m2 and a tenant in place until 2019. Rent paid $1200 per month.

Unit 4 has an area of 170m2 and is ready and waiting for you to either lease it out or utilise it yourself. With an office area, mezzanine loft storage space and 4m high clearance roller door this versatile space is easily adapted to suit your business needs.This space was previously leased at $1091 per month.

Unit 5 – has an area of 110m2 is ready and waiting for you to either lease it out or utilise it yourself. An open space with 4m high clearance roller door any business will be well suited here. This space was previously leased for $900 per month.

Invest or occupy now and reap the rewards long into the future.

Don’t delay, take advantage of this rare opportunity to secure your own industrial premises as opportunities like this one don’t come along often.

Building / Floor Area860 sqm

Print brochure

Subject: 12 Uki Street, YAMBA, 2464, New South Wales

Yamba

http://www.raineandhorne.com.au/yamba

Phone 02 6646 2474
Fax 02 6646 8981


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Denise Jillett

0439 462 474

www.mapsembed.com

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R&H Suburb Profile: Yamba

R&H Suburb SummaryHouses
Number of sales 142
Average Price $555,266
Median Price $500,000
Median Rental Price $430 p.w.
Change in Rental Rate (5yr) 38 %
R&H Suburb SummaryUnits
Number of sales 103
Average Price $313,076
Median Price $353,500
Median Rental Price $360 p.w.
Change in Rental Rate (5yr) 47 %
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