15 Yarrawonga Street, Macksville, NSW 2447
- Sold Contact Agent
- Mon 16-Jan-17
- Land Area
- 3072.00 m² (approx)
- Floor Area
- 1,390 m²
- Tenure Type
- Tenanted Investment
- Last Updated
- Mar 24, 2017
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SOLD BY LJ HOOKER COMMERCIAL
PCF Industries occupy this high profile established industrial complex in Macksville Industrial Estate.
The complex comprises two free standing high clearance buildings, which are located on the corner of busy Yarrawonga Street and Gumma Close.
The approximate gross leasable area is 1,390m2 and the site accommodates a total site area of 3,072m2.
PCF Industries was established in 1991 and is internationally competitive and recognised for manufacturing.
PCF's primary focus is cold heading and forging fastners, in all materials, including all grades of steel.
PCF Industries incorporates Austact which is an industry leader in the supply and installation of Tactile Ground Surface Indicators, supplying government railway systems in NSW, QLD and VIC, local councils and the building and construction industry.
This prime investment is subject to a new 3+3+3 year lease.
The tenant pays 100% of the property's outgoings.
The net annual rental is $64,500 ($46.40/m2) plus gst with fixed annual 3% rental increases.
The asking price of $720,000 shows a net return of 9% and $518/m2 GLA.
Features of the investment are as follows: