Set across approximately 11,400sqm of land, the property comprises approximately 1,350sqm of building area, providing a significant site with established improvements and considerable surrounding yard space.
The property is currently tenanted, and has occupying the premises for approximately four years, providing an established income stream from a major local infrastructure contractor.
Investment Snapshot
- Current Rent: $9084.71 per month
- Annual Rent Approximately $105,228 p.a.
- Outgoings: Approximately $10,246 p.a., including council rates, water/sewer charges and insurance
- Approx. Net Income: $94,982 p.a.
- Gross Yield Approximately 7.0%
- Land Area: Approximately 11,400sqm
- Building Area: Approximately 1,350sqm
- Zoning: E4 General Industrial zoning
The combination of a large industrial landholding, established tenant and strong income return makes 73 Polo Flat Road an attractive proposition for investors seeking exposure to the Snowy Mountains industrial market.
Stronge appeal as an income-producing industrial asset while retaining the longer-term value of a substantial landholding in the Polo Flat Cooma
