15A Factory Street Pomona, QLD 4568

Cory Hoy and Fraser Martin from RWC Northern Corridor Group are excited to bring Pomona's famous Red Shed - 15A Factory Street Pomona to market for the first time in over 25 years.

This is your chance to own a freehold industrial property in the sought-after Pomona area, with great rental upside and enough vacant space for an owner-occupier to operate from.

Located on busy Factory Street, this low impact industry zoned block is perfect for a whole range of industrial and mixed uses.

Current rental income is $42,640pa gross, with potential to increase to $90,000pa by leasing the vacant space.

There is a 200m²* warehouse at the front, tenanted by Pomona Rockin' Relics Antiques Barn for $525/pw gross.

Behind the warehouse is a workshop approximately 80m² with an additional air conditioned office approximately 40m². The office is leased until November for $295/pw gross.

That leaves approximately 860m²* of outdoor hardstand area, currently unoccupied. This includes an approximately 280m² open-air shed with fully operational bridge cranes that was previously use for building modular homes and dongas.

Potential rent for the vacant space would be in the $40-50K range NET, possibly higher with upgrades.

There is also potential development upside (STCA) by enclosing the open-air shed and building an office/mezzanine with windows overlooking Cooroora Creek Park. Similar developments are in the planning process just a few doors down the street.

This property will not last long.

For more information or to arrange an inspection, please contact Cory or Fraser from RWC Northern Corridor Group