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Commercial Investment

175 Palmerston Street, Westport

Investment Opportunities
dollar

Offers Over $500,000 Plus GST (if any)

Floor area
719m2
Land area
864m2
Title type
Freehold
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Property details

Listing # WEC92432 | Listed on 13 April 2022

Prime location, located on one of the busiest areas of Westport's commercial area, being opposite New World supermarket. The building has been extensively upgraded to a high standard and has a total floor area of 810sqm that is divided into retail showroom 170sqm; 95sqm offices; 465sqm workshop and 80sqm mezzanine storage. This provides many options for use, as it has off street parking on the freehold 864sqm section and drive in access to the large workshop area. If leased, we would expect net 7.5% - 8.5% return. Inspection will impress.

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