3,807m2 - THREE LARGE SHEDS - LONG-TERM TENANT - SCOPE TO VALUE-ADD
Positioned at the end of Baldock Court is a real opportunity for an astute buyer to purchase now and reap the rewards in the future. The property has long-term tenants, there’s longer-term scope to possibly divide the sheds separately later on (STCA) or lease them separately.
The land is zoned Industrial 1 with minimal overlays.
The current lease:
5 years (starting July 2023) with another 5-year option.
The lease is adjusted with CPI annually and market value after each lease term.
Currently returning $53,500pa plus GST.
Shed 1
200m2 powered
PA door, two large sliding doors with high-clearance of approx. 5m
7m x 4m lined and plastered office
Shed 2
200m2 powered
PA door, two large sliding doors with high-clearance of approx. 5m
6m x 4m office with kitchenette and instant HWS
Shed 3
200m2 powered
PA door, two large sliding doors with high-clearance of approx. 5m
9m x 4m office with sandstone walls, two toilets, two basins and a shower plus office space
* Measurements are all approximate*
The land is reasonably flat and mostly covered in bluestone, there is quality security fencing along three boundaries.
The allotment is positioned in the heart of Eaglehawk’s industrial precinct and offers easy truck/vehicle access to the property.
Getting around Bendigo is easy with close proximity to the ring roads and you can avoid traffic heading to Melbourne.
The potential:
The location is very close to Eaglehawk’s Enterprise Park which is a project for up and coming businesses to establish themselves for a few years. There is scope here at Baldock Crt to further opportunities for some of these successful businesses. There is scope for multi-tenancies or possibly divide the sheds up for re-sale (STCA).
Contact the selling agents for further details.
**Regarding overhead photographs, all operational equipment on site has been edited out for privacy purposes.**
Floorplans
