Are you seeking a solid investment opportunity? This exceptional freehold industrial property offers both immediate rental income and the potential for future occupancy.
The current A grade tenant has occupied this property since 2016 with their lease set to expire in October 2026. The current rent is $170,000 Net per annum + GST with CPI or 3% increases, whichever is the greater.
All outgoings are the responsibility of the tenant including Council rates and charges, water and sewerage and drainage charges, land tax (on a single holding basis), Building Insurance, trade waste, rubbish removal, fire safety and air-conditioning service and repairs.
Exceptional freestanding warehouse situated on an elevated site spanning approximately 3363m2.
The high clearance warehouse is approx. 1100m2 with ceiling height up to 7.8 metres.
Architecturally designed with modern office and amenities including kitchen, 2 bathrooms, shower and disabled facilities approximately 95m2.
Concrete mezzanine for storage or additional office space approximately 110m2 bringing the total floor area to 1305m2. This area is currently being used as a large meeting space with natural light.
The tenant has added 2 additional offices on the ground floor which have all been fitted with separately zoned ducted air-conditioning.
The building is constructed of full tilt concrete panel with 2 large roller shutters and all weather awnings. There are 2 high and wide electric roller doors (5metres high x 5.1metres wide)
There is ample parking on site for 18 cars and a great hardstand area at the rear, there are also 2 water tanks with a 20,000 litre holding capacity.
Just minutes from the M1 Motorway, this property offers an easy commute between Sydney and Newcastle.
Don’t Miss this Prime Industrial opportunity, they don’t come along very often of this quality.
Disclaimer:
All information contained herewith, including but not limited to the general property description, price, and the address, is provided to us by third parties. We have obtained this information from sources we believe to be reliable however, we cannot guarantee its accuracy. The information contained herewith should not be relied upon and you should make your own enquiries and seek advice in respect of this property or any property on this website.