11 Butt Street, Canadian

This property is a unit located on a lot in 1/PS400302 Canadian VIC. In the local government area Ballarat, featuring 0 bedrooms, 0 bathrooms.

ABOUT THE PROPERTY

Bedrooms
0
Bathrooms
0
Car spaces
0
Land size
1481 m2
Building size
318 m2
Council area
Ballarat
Year built
n/a
Lot plan
1/PS400302 Canadian VIC
House type
Commercial: Industrial Building



HISTORY

Last sold 01/11/2019
$430,000



LISTING DESCRIPTION
as of November 2019

Two Shed Investment Opportunity If you need your own shed to run your business from and would like to rent out the other, then its highly likely that this opportunity is for you.One shed has a high degree of amenity and is currently on a brand new 3 year lease to a respected hospitality company who pay rent of $1,068 per month plus outgoings. The second shed with mezzanine floor has been used as a storage facility; however, has multiple applications and enormous potential for more rent. This facility becomes available at the end of the month and the rent return in its current state is $828 per month plus outgoings.Each shed is approx. 190 square metres and has its own toilet, hand basins, office area, concrete flooring, power & water, roller door and security fencing. Combined, the 2 sheds will achieve returns of better than 6%Set on a wide 1,491 square metre allotment in a most convenient east location, this very tidy property will have broad appeal so call now to arrange your inspection.