6 Cornwall Street, Taree NSW 2430

For Sale $725,000 Plus GST

2024 SQM

Versatile Industrial Facility with Strong Investment Fundamentals

Located within Taree’s established industrial precinct, 6 Cornwall Street offers a versatile industrial holding suited to owner occupiers, investors and a broad range of trade-based businesses.

Set on approximately 2,024sqm of E4 General Industrial land, the property is improved by a substantial shed/workshop of approximately 843sqm. Currently occupied by a roofing company, the property would also be well suited to mechanics, spray painters, builders, plumbers, fabricators, roofing operators and similar industrial users.

The improvements include a large warehouse/workshop area, roller door access, good truck access and surrounding yard space for parking, storage and ease of operation. Upstairs offices, kitchen, bathroom and additional storage add to the functionality of the property, while its previous use for panel beating and spray painting, together with the inclusion of a spray booth, enhances its appeal for automotive and specialist trade applications.

Key Selling Features
Approx. 2,024sqm site
Approx. 843sqm industrial shed / warehouse
E4 General Industrial zoning
Established industrial location within Taree
Currently occupied by a roofing company
Suits mechanic, spray paint, builder, plumber, roofing and similar trade uses
Large warehouse / workshop area
Spray booth in place
Upstairs offices, kitchen, bathroom and storage
Roller door access
Good truck access
Yard area for parking, storage and operational access

Investment / Return Highlights
Rental of $68,000 pa + GST
Based on 800sqm @ $85/sqm
Rates PA $6,609
Outgoings such as rates, water and insurance typically recoverable from lessee
Adopted 8% yield

DISCLAIMER: The information contained in the advertising of this property is based on information provided to the agents, and the vendor and agents expressly disclaim any liability arising therefrom. The accuracy of the information cannot be guaranteed, and prospective purchasers should make their own enquiries and form their own judgement as to these matters.

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