Shatford Commercial are delighted to offer Units 4 and 5, 69 York Road, Penrith for Sale.

The property is a substantial industrial warehouse facility comprising extensive fit out and inventory.

Known as the “Abcoe Centre” the development is located on the prominent intersection of Batt Street and York Road, within the South Penrith Industrial Estate.

FEATURES AND COMMENTS

Prime location within the established South Penrith Industrial Estate.

Substantial warehouse facility, comprising extensive fit-out and inventory.

Strata Area 1,542 square metres plus mezzanine storage.

Two (2) separate strata lots with unit entitlement of 21.90%.

Generous on site customer parking for approximately 161 cars.

Neighbours include Lattetude Cafe, Anytime Fitness, NSW Blood Bank, NSW Rural Fire Services head offices, Unreal Adventure Golf, Insignia Hair & Beauty, Penrith Pies & Pastries.

Prominent and well established tenant.

Zoned E3 (Productivity Support) – easily adapted to any alternate use.

The Lessee, ABCOE Distributors Pty Ltd is a long standing tenant since development of the building in 2006. For further information please see www.abcoe.com.au.

Net rental $334,146.48 per annum plus GST plus outgoings.

Rental rate $216.00 per sqm ( excl mezz)

Outgoings are 100% recoverable.

The Lessee has been in occupation since construction of the Centre in 2006. The Lease has a five (5) year term expiring 30 June 2027 with no option.

Investment property such as this are infrequently offered for sale in this strong and tightly held estate. We strongly recommend this opportunity for your serious consideration.

Inspections are by appointment only and in the company of the listing agent.

Please feel free to contact us at any time to arrange an inspection or with requests for further information.

Sale Basis: Expressions of Interest closing Thursday 20th July at 3pm.

Gavin Shatford 0477 709 5...