Unique Investment Opportunity

Well known as Illawarra's premier Go Cart track, most of us have enjoyed adrenaline fuelled laps around the course. Available for lease is this unique parcel of land which is currently set up as an outdoor Go Kart track but with a broad range of future potential uses with its Light Industrial land (IN2) zoning with fabulous Highway exposure. There is up to 35,000m2 of land area available which contains a bitumen sealed race track and associated yard lighting, an older style 305m2 workshop/restaurant/amenities building and a 65m2 prefabricated metal shed structure.

The property is available immediately as its current usage as a recreational facility. It also lends itself suitable for hardstand light industrial land area, either as the entire site including buildings, or separated into parcels of land from 5,000m2 upwards.

The property was previously leased as a Go Kart track at a Net Rental of $126,000 per annum plus GST. The Tenant also leased a portion of Lot 3 (approximately 2,254m2). The Tenant also was responsible for 55% of the total outgoings for the property 9-11 West Dapto Road, Kembla Grange.

The property is well positioned with excellent accessibility to the Princes Hwy. Key distances (approximately):
- Port Kembla Steel Works 12km
- Unanderra Industrial Are 5.5km
- Albion Park Airport 19km
- Sydney Airport 81km
- Wollongong CBD 12km

Expressions of Interest for lease of this unique property are now being taken. Contact our office to obtain appropriate figures on rental and outgoings.