66 Glendenning Road,
Glendenning, NSW 2761
Warehouse, Factory & Industrial
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Map of 66 Glendenning Road
Flexible Investment Opportunity
- Strong covenant in McAlpine Hussman Pty
- 4.8 year WALE as at 20 January 2015
- Dual street frontages
Colliers International is delighted to offer 66 Glendenning Road, Glendenning to the market for sale.
The property represents an excellent opportunity for the investor seeking to acquire a quality industrial asset leased to McAlpine Hussman Pty Ltd, who specialise in the design, manufacture and installation of refrigeration display cases for the commercial refrigeration market.
The property is located within the highly sought after Glendenning industrial market, which has a tight owneris predominantly owner occupied, and as such, investment opportunities like this are rare.
KEY INVESTMENT HIGHLIGHTS INCLUDE:
• 100% leased
• 4.8 year WALE with lease expiring in 19 November 2019.
• Strong covenant in McAlpine Hussman Pty Ltd.
• Major refurbishment works completed by vendor valued at circa $1 million.
• Flexible industrial building which could be split in the future to accommodate multiple users (STCA).
• Dual street frontages providing drive through access and numerous repositioning options in the future (STCA).
• Excellent location adjacent to the M7 Motorway and only minutes to the M4 Motorway.
• The asset is located within a tightly held precincts popular with both institutional investors and owner/occupiers.
• New lease commenced 20 November, 2014 at a rental of $1,481,517 ($90/sqm net).
• Building Area: 16,461.30m².
• Site Area: 29,310m².
The property represents an excellent opportunity for the investor seeking to acquire a quality industrial asset leased to McAlpine Hussman Pty Ltd, who specialise in the design, manufacture and installation of refrigeration display cases for the commercial refrigeration market.
The property is located within the highly sought after Glendenning industrial market, which has a tight owneris predominantly owner occupied, and as such, investment opportunities like this are rare.
KEY INVESTMENT HIGHLIGHTS INCLUDE:
• 100% leased
• 4.8 year WALE with lease expiring in 19 November 2019.
• Strong covenant in McAlpine Hussman Pty Ltd.
• Major refurbishment works completed by vendor valued at circa $1 million.
• Flexible industrial building which could be split in the future to accommodate multiple users (STCA).
• Dual street frontages providing drive through access and numerous repositioning options in the future (STCA).
• Excellent location adjacent to the M7 Motorway and only minutes to the M4 Motorway.
• The asset is located within a tightly held precincts popular with both institutional investors and owner/occupiers.
• New lease commenced 20 November, 2014 at a rental of $1,481,517 ($90/sqm net).
• Building Area: 16,461.30m².
• Site Area: 29,310m².
Property ID: 501436159Last Updated: 24 Jun 2016
0418 413 4...
66 Glendenning Road
Glendenning, NSW 2761
Colliers - Sydney West Level 50, 8 Parramatta Square, 10 Darcy Street
PARRAMATTA, NSW 2150
PARRAMATTA, NSW 2150
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