2 Auger Way, MARGARET RIVER
$1,080,000 ex GST
PRIME MARGARET RIVER INDUSTRIAL
2,000sqm lot at corner of Auger Way and Boodjidup Road and at the entry to the Margaret River light industrial area.
3 freestanding sheds (144sqm, 226sqm and 234sqm) with hardstand to balance of site.
Leased separately to 3 businesses at a total net rental of approximately $66,000 per annum. Rent reviews in April and June will raise this annual return to 72,700 per annum.
This is a must for savvy investors or even for someone potentially needing storage space/workshop for own business.
At $1,080,000 (ex GST) this will show an initial return of 6.73%.