Glass House, Development
Burbush
Sold
19 Lee Rd offers a rarely found opportunity! Featuring a large scale 14,622m2 glasshouse set on 2.6902ha zoned as 'special character zone', which allows for a wide range of permitted uses including horticulture and residential to a minimum 600m2.
The glass houses are currently leased with right of renewal until 31st of October 2031 with current tenants growing tomatoes, cucumber, and eggplants hydroponically. The glass house is in good condition and features internally separated growing rooms that are boiler heated for temperature regulation along with automatic roof vents and louvres.
The property also features a propagation room, 671m2 packhouse, 89m2 two-bedroom, one-bathroom accommodation block. Detached from the glasshouse is a 194m2 boiler shed and workshop containing commercial waste oil boiler burners.
The Burbush area is quickly starting to develop. Being close to the Base shopping centre and education facilities, this is a very popular community to live in.
This property presents a unique opportunity for the purchaser to have passive income from the lease in place and the option to develop further in the future. For more information and a detailed information memorandum, contact Richard Thomson today.
Please note: Land and floor area measurements are approximate, and boundary lines indicative only. Reasonable efforts have been made to source information from reputable sources. We do not, however, warrant its accuracy or fitness for any purpose. Purchasers should independently verify information through a due diligence investigation if it is relevant to their decision to purchase.
2
1
2.69ha
