Set on a near level 1,838sqm triple block of land, this substantial 2,294sqm building consisting of a 1,659sqm warehouse with dual street access, including a 635sqm showroom/office above, offers a rare opportunity to invest now and occupy or develop later.
Existing long-standing tenant, Woven Image, is on a 7 year lease with 2 1/2 years left, giving investors comfort and security. Owner occupiers and developers can benefit from income until July 2022.
Features:
*Predominately clear-span warehouse with 5 metre clearance
*Heavy vehicle loading dock fronting Sydenham Road
*Secondary high clearance drive-in loading dock off Chard Road
*Suits investors with well-established, long-standing tenant
*Rent $307,665 + GST Net PA
*Outgoings: $51,217 PA (100% paid by tenant)
*Current lease 1 August 2015 - 31 July 2022
*Ramp access to rooftop parking for 30+ cars
*Occupy or develop in the future
Positioned in the heart of Brookvale's light-industrial area offering interlinked services, manufacturers and industries at the doorstep, it is located near the junction of Pittwater Road and Warringah Road, the two major primary roads servicing Sydney's Northern Beaches, offering easy access for distribution to most parts of the city.