Kingswood 42 Spains Lane
Long Term Investment Circa 8% Net Yeild
Sold
42 Spains lane is a fantastic investment opportunity with a long term lease in place with the Kingswood convenience store and upside in the land.
Approximately 6011m2 this property has the potential (STCA) to continue to develop for residential or commercial purposes.
*Kingswood store premises, brick and tile building w Current lease expiring July 2023.
*3% increases annually with an option for another 10 years.
*15,000 gals of water storage approx..
*10kw of solar power Approx.
*Colourbond shed & Awning Approx 100m2
*Airconditioned shipping container for storage.
*Improvements well positioned on block to allow for further development.
* Freehold Only
Property Features
Land Size
6011 square mtr approx.
6011 square mtr approx.
Make an enquiry
Brett White
Commercial Asset Manager
John Oehlers
Managing Director/Licensee
42 Spains lane is a fantastic investment opportunity with a long term lease in place with the Kingswood convenience store and upside in the land.
Approximately 6011m2 this property has the potential (STCA) to continue to develop for residential or commercial purposes.
*Kingswood store premises, brick and tile building w Current lease expiring July 2023.
*3% increases annually with an option for another 10 years.
*15,000 gals of water storage approx..
*10kw of solar power Approx.
*Colourbond shed & Awning Approx 100m2
*Airconditioned shipping container for storage.
*Improvements well positioned on block to allow for further development.
* Freehold Only
Property Features
-
Land Size
6011 square mtr approx.
