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34 Borough Rd

3,619 SF Flex Building Darlington DL1 1SW $398,547 CAD ($110 CAD/SF) 9.32% Cap Rate

Investment Highlights

  • Access via A167
  • 2 Storey Property
  • Natural Light
  • Enclosed Yard

Executive Summary

Mixed office / industrial investment property. The property comprises a two storey office block of traditional brick construction held beneath a dual pitched tile covered roof. There is an attached workshop unit at the rear of steel portal frame construction held beneath a dual pitched asbestos sheet roof. There is an enclosed yard at the rear providing secure storage / vehicle parking. The property has been extensively refurbished over recent years to provide two independent letting units.

Property Facts

Price $398,547 CAD
Price Per SF $110 CAD
Sale Type Investment
Cap Rate 9.32%
Tenure Freehold
Property Type Flex
Building Class C
Rentable Building Area 3,619 SF
No. Stories 2
Year Built 1966
Tenancy Single

Amenities

  • Yard
  • Energy Performance Rating - D

Utilities

  • Heating
  • Listing ID: 33032661

  • Date on Market: 2024-09-02

  • Last Updated:

  • Address: 34 Borough Rd, Darlington DL1 1SW

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