Mortdale, NSW 2223

Industrial

Sold $895,000

  • Property ID: 364822
  • Floor Area: 258m²
Sold / Leased Results

Name Result Date Floor Land Result Price
Sold 04/12/2023 258m2 N/A N/A
Rare Opportunity – Mortdale Industrial Investment

Located in the tightly held Mortdale industrial area, this high-quality industrial unit is situated just off Boundary Road in a well-kept, boutique complex of only 10 units.

Currently rented, this property is an ideal affordable industrial investment opportunity for purchasers of any level, whilst also presenting the opportunity for any investor/occupier to move in at the expiry of the lease.

Lease details:
* Rental of $35,000 pa Net + GST**
* $5,000.00 annual increases
* Leased until 6th June 2022 with a 3-year option to renew

Other Features include:
* 4 allocated car spaces
* Located just off Boundary Road, Mortdale opposite Ace Gutters
* 258m²* warehouse floor-space
* Good internal clearance up to 5.7m*
* 4m* wide roller door
* Great natural light + new LED lighting
* Male & female amenities
* Good vehicular access
* Remote security complex gate
* Container access
* Boutique complex of 10 units

Contact Ryan McMahon on 0429 228 460 for more information regarding this very rare opportunity and arrange an inspection today!

*Approximate
**From 7th June 2020

Mortdale Suburb Profile

Average Advertised Price
Property Type Price (m²) Rent (m²/p.a.) Yield
Industrial $2398 $234 9.77%
Retail $2398 --- ---
Offices --- $449 ---
This is the average advertised price, rent and yield for Mortdale, NSW 2223*

Days on Market
Time between initial ad placement and the listing’s withdrawal

Days on Market data for Industrial in NSW for Sale

The spread of Days on Market is summarised into 4 time-bands (or quartiles) for each segment.
Understanding market expectations is skewed towards examining changes in the shortest duration quartile (fastest 25%)

Transactions per Month

* Excludes, where applicable, GST, outgoings and incentives. Values calculated based on the prices advertised by the agencies that list their properties on Commercial Property Guide.
Tools

  Commercial Property Group Southern Sydney

 

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Property Detail Notes:

  • 3rd Party Content - The information displayed on this page is supplied by registered real estate agents and other third parties. For questions regarding the information that appears here please contact the agent that is listed.
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