10 Wiradjuri Way, Condobolin NSW 2877
Property Details
Block of Units
Description
Property Details: • Type: Block of Units
• Bedrooms: 0 • Bathrooms: 0
Description: Set on 4275 m²* in the heart of Condobolin's dedicated industrial area, this exceptional dual-use investment presents a rare opportunity to secure two established income-generating assets all on one title. Fully fenced and divided by secure internal fencing into two separate portions, Which offer's ongoing flexibility, stability and scope for future growth. With a relatively low-maintenance setup with self-management currently in place, it delivers consistent returns and strong ongoing performance. Ideally positioned among other established industrial businesses, it also benefits from excellent visibility and convenience with a 24-hour self-serve fuel depot nearby. Portion One | 20 x Self-Storage Units Located on an expansive fenced allotment with secure gated access, this section includes 10 storage sheds, each with roller door access, plus an additional 10 storage containers. The setup provides consistent income with minimal upkeep and offers the potential for future expansion to maximise profit with an increasing demand for these unit's present within the town. Currently achieving $800* per week from individually leases for 20 x storage units currently at $40 each, the complex is privately managed, giving an incoming purchaser the choice to continue on with self-management or option to engage an agency for a more hand's off approach, offering flexibility to suit any investor's needs. Portion Two | Industrial Warehouse A substantially sized near new warehouse measuring 30m* x 15.4m, complemented by a front reception office of 10.3m x 4.5m* with nearby lunchroom, kitchen and toilet. The warehouse offers a generous workspace in excellent condition with various improvement's, supported by concrete driveways and dual street access. High sliding side doors allow ease of access to ensure smooth operations and function across the site. Currently leased to a long-standing Condobolin business on a 12-month fixed term expiring on 4 May 2026, with ongoing renewal options available to the tenancy upon expiry. The tenancy returns $518 per week, adding to the storage unit income and provides an immediate and appealing return on this solid investment. Overview 10 Wiradjuri Way, Condobolin, NSW 2877. Lot: 32 | DP: 1123767 Combined weekly expected income: $1,318* (Units $800* and Warehouse $518) Expected total annual income: 2025-2026 FY: $68,536 Outgoings: $6,000* per annum (20252026 FY Insurance $2,800* & Council Rates $3,200) Net income expected: $62,536 per annum. A strong performer offering reliable returns, minimal upkeep and room for expansion to maximise returns, this property represents an outstanding opportunity to secure a quality commercial investment set within Condobolin's tightly held industrial precinct. Offered with all current tenancy's to provide immediate returns. To arrange your own private inspection call one of our friendly agent's or visit 85 Bathurst Street, Condobolin today! Disclaimer: J.N Straney & Son Pty Ltd and its representatives advise that the information contained in this advertisement is provided in good faith and is believed to be accurate and reliable at the time of publication. However, we make no representation or warranty as to its accuracy and accept no liability for any errors, omissions or misstatements. All interested parties are strongly advised to conduct their own independent inquiries, inspections and research, including all necessary due diligence, at their own expense. Any reference to development potential, improvements or alterations is strictly subject to council approval (STCA) with the Lachlan Shire Council. No responsibility will be accepted by the agency or any of its representatives for any reliance placed on the information provided. * = approximately.
Location
Address
10 Wiradjuri Way, Condobolin NSW 2877
City
Condobolin
Features and Finishes
None
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