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DESCRIPTION: The properties form part of a terrace of steel portal framed industrial buildings with brick elevations under pitched roof with approximately 10% translucent roof panels. Unit 3 is situated at the northern end of the terrace, Unit 6, 7 and 8 comprise the final three units at the southern end of the terrace. Internally, the units have varying minimum eaves height due to the level change on Holly Lane. Holly Lane has a minimum eaves height of 3.2 metres, with Unit 8 having 5.1 metres minimum eaves height. All of the units have three phase electric, water and gas supplies and each respective unit has varying office content with Unit 8 having modern, purpose built offices in situ. Each unit has roller shutter doors providing vehicular access and loading combined with loading aprons and parking areas fronting Holly Lane including a gated and fenced section for Unit 7 and 8. In addition to the buildings there is a self-contained car park of approximately 0.3 acres at the northern end of the terrace. Further internal and external photographs are available upon request.
Price | $3,175,933 CAD | Building Class | B |
Unit Size | 25,017 SF | Floors | 1 |
No. Units | 1 | Typical Floor Size | 35,451 SF |
Total Building Size | 35,451 SF | Year Built | 1980 |
Property Type | Industrial (Condo) | Lot Size | 1.59 AC |
Property Subtype | Warehouse | Parking Ratio | 0.56/1,000 SF |
Sale Type | Investment |
Price | $3,175,933 CAD |
Unit Size | 25,017 SF |
No. Units | 1 |
Total Building Size | 35,451 SF |
Property Type | Industrial (Condo) |
Property Subtype | Warehouse |
Sale Type | Investment |
Building Class | B |
Floors | 1 |
Typical Floor Size | 35,451 SF |
Year Built | 1980 |
Lot Size | 1.59 AC |
Parking Ratio | 0.56/1,000 SF |
Unit Size | 25,017 SF | Sale Type | Investment |
Price | $3,175,933 CAD | Tenure | Freehold |
Price Per SF | $126.95 CAD | Cap Rate | 5.54% |
Condo Use | Industrial | NOI | $175,946.69 CAD |
Unit Size | 25,017 SF |
Price | $3,175,933 CAD |
Price Per SF | $126.95 CAD |
Condo Use | Industrial |
Sale Type | Investment |
Tenure | Freehold |
Cap Rate | 5.54% |
NOI | $175,946.69 CAD |
Unit 3 is situated at the northern end of the terrace, Unit 6, 7 and 8 comprise the final three units at the southern end of the terrace.
Unit 3 is situated at the northern end of the terrace, Unit 6, 7 and 8 comprise the final three units at the southern end of the terrace.
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