Added 1 day ago
Address available on request,
Lane Cove, NSW 2066
Warehouse, Factory & Industrial
Added 1 day ago
Key property information
Floor area
Tenure type
Tenanted Investment Details
Occupancy
Fully Leased
Est. Incomep.a.
$53,149
Number of Tenants
1 Tenant
Private inspections
to arrange a private inspection.
Glass Property - MACQUARIE PARK
Suite 2.18, Delhi Corporate, 32 Delhi RoadMACQUARIE PARK, NSW 2113
04093262...
Address available on request
Lane Cove, NSW 2066
Map
LEASED INDUSTRIAL INVESTMENT- TENANT IN OCCUPATION SINCE 2017
- Secure income with long‑standing tenant
- Modern, well‑appointed industrial unit
- Strong location and parking appeal
Unit 208, Compass Business Park is a modern, very well-presented industrial unit in a security complex that was completed in 20010.
The property has been leased to the same tenant since 2017. The current lease runs from 25/01/2025 to 24/01/2028, with no
further option term. The tenant supplies commercial steam cleaning equipment across sectors including Health & Aged Care, Hospitality, Childcare, Food Service & Manufacturing, Automotive, and Commercial Cleaning.
Key Lease Terms:
• Current net rent: $53,149 p.a. + GST
• Outgoings: 100% paid by tenant.
• Rent Reviews: Annual CPI increase to net rental.
• Security bond: $16,191.18
• Tenancy history: No breaches or rental defaults since commencement of occupation in June 2017
The property offers ground floor warehousing with electric roller door access. On the ground floor there is also a foyer and bathroom facility. The upper level offers light and bright partitioned office space with windows both front and rear, large kitchen as well as reverse cycle air conditioning. The property includes parking in a secure basement as well as drive up access to the unit for trucks and cars.
Please note that the photo of the warehouse shown on this advertisement shows the warehouse prior to the tenant taking occupation.
Quality industrial investments with long standing tenants are a rare commodity. Don't miss this opportunity. Vendor is motivated to sell.
The property has been leased to the same tenant since 2017. The current lease runs from 25/01/2025 to 24/01/2028, with no
further option term. The tenant supplies commercial steam cleaning equipment across sectors including Health & Aged Care, Hospitality, Childcare, Food Service & Manufacturing, Automotive, and Commercial Cleaning.
Key Lease Terms:
• Current net rent: $53,149 p.a. + GST
• Outgoings: 100% paid by tenant.
• Rent Reviews: Annual CPI increase to net rental.
• Security bond: $16,191.18
• Tenancy history: No breaches or rental defaults since commencement of occupation in June 2017
The property offers ground floor warehousing with electric roller door access. On the ground floor there is also a foyer and bathroom facility. The upper level offers light and bright partitioned office space with windows both front and rear, large kitchen as well as reverse cycle air conditioning. The property includes parking in a secure basement as well as drive up access to the unit for trucks and cars.
Please note that the photo of the warehouse shown on this advertisement shows the warehouse prior to the tenant taking occupation.
Quality industrial investments with long standing tenants are a rare commodity. Don't miss this opportunity. Vendor is motivated to sell.
Lane Cove, 2066 demographic data
The median household income for Lane Cove is $2,539, 22% higher than Greater Sydney's household income of $2,077. Lane Cove has an older age profile compared to the rest of Greater Sydney (median age 38 vs 37). Property ownership data shows 53% of property owners in Lane Cove have a mortgage.
12,363
Population
$2,539 per week
Median household income
38 years
Median age
Owners
Most residents
Families
Most households
Glass Property - MACQUARIE PARKSuite 2.18, Delhi Corporate, 32 Delhi Road
MACQUARIE PARK, NSW 2113
MACQUARIE PARK, NSW 2113
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