Mona Vale, NSW 2103

Industrial

Sold $3,000,000

  • Property ID: 410730
  • Floor Area: 770m²
  • Land Area: 1026m²
Sold / Leased Results

Name Result Date Floor Land Result Price
Sold N/A 770m2 1026m2 N/A
FREESTANDING INDUSTRIAL INVESTMENT

Held in strata title and comprising of only two units in the strata plan, the property is centrally located in Mona Vales industrial precinct and close to Mona Vales business center. An existing 5 year lease with 5 year option to long term tenants, this is a very rare opportunity to own a Freestanding Industrial Building with the flexibility of Strata Title.

Features include:
* Freestanding hi-bay industrial building owned in strata title
* Open plan Mezzanine level office areas, newly refurbished.
* Large staff areas with kitchen facility
* Hi-bay warehouse with dual roller shutter access
* Covered rear hardstand accessed via warehouse
* Large mezzanine storage level in unit A
* Long term existing tenants
* 5 year lease commencing 28th July 2020 plus 5 year option
* Current rent $174,800 + GST Net per annum
* Tenants are responsible for buildings outgoings
* Building areas:
* Lot 1 / Unit A: Mezzanine level office 118 sqm, Warehouse 267 sqm
* Lot 2 / Unit B: Mezzanine level office 118 sqm, Warehouse 267 sqm
* Total Building area: 770 sqm
* Land Area: 1026 sqm.
* 11 car spaces included on title.
* Zoned: IN2 Light Industrial

Note: To view the Information Memorandum click on the external link below or documents on Hardys website

To arrange an inspection, contact Hardy's 1

Mona Vale Suburb Profile

Average Advertised Price
Property Type Price (m²) Rent (m²/p.a.) Yield
Industrial $6250 $226 3.62%
Retail $12500 $732 5.86%
Offices $12500 $523 4.19%
This is the average advertised price, rent and yield for Mona Vale, NSW 2103*

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.

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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