High Quality Industrial Unit
22/198-222 Young St, WATERLOO
Sale $2,500,000For Sale
Approx 353 sqm +
4 Parking

High Quality Industrial Unit

A high Industrial quality unit situated in the prestigious Federation Business Centre which is within easy walking distrance of Danks Street.

Both the ground floor showroom and 1st floor have partioned offices are air conditioned.

The warehouse has container access and an electronically operated roller door.

With the B4 Mixed Use Zoning & 1.75:1 Floor Space Ration this unique Investment has enormous upside in the medium to long term as the Business Park will most likely be redeveloped into high density residential.

Current estimate of the site is 0.5:1 FSR

Lessee: Central Security Distribution Pty Ltd

Rental: $98,940 pa + 100% outgoings + GST

Term: 3 years

Terminating: 17th July 2022

Increase: Fixed at 4% next due 18th July 2021

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