(S), 25 Jindalee Road,
Port Macquarie, NSW 2444
$1.075 Million no GST applies - Going Concern
Key property information
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Map of (S), 25 Jindalee Road
Train stations within 5 km of (S), 25 Jindalee Road, Port Macquarie, NSW 2444 Distance Port Macquarie Station 3.2 kmPOWERED BY HERE © Bus stops within 5 km of (S), 25 Jindalee Road, Port Macquarie, NSW 2444 Distance Port Macquarie Base Hospital 623 m Sherwood Rd Opp Tulloch Rd 669 m Oxley Hwy Before Lake Rd 742 m Sherwood Rd Before Tulloch Rd 769 m Sherwood Rd at Nottingham Dr 888 mPOWERED BY HERE ©
Well Positioned Warehouse Premises - Short lease will suit Owner/Occupier
* The building is a high bay warehouse area of 496 sqm approx. (24M wide by 20m deep approx) with additional mezzanine of 92 sqm approx.
* Three large roller shutters and glass entry doors
* Skylights. 3 Phase power., LED high bay
* Easy onsite parking area for 8 vehicles - wide driveway and all concrete sealed.
* One (1) year remaining on the current 6 year lease to CDA Eastland which expires July 2021 (no option to extend). CDA Eastland have been in occupancy since 2009
* Property will ideally suit future owner/occupiers come July 2021 or investors seeking ongoing rental return
* Council rates and insurances (plus lawns and water) paid by tenant under current lease and are: C/Rates: $3,000 PA approx and Building Insurances $2,500 PA approx
* Current rental is $63,000 PA nett
* Return on asking price is just under 6% nett, compared to term deposits offering just over 1%
* You do the numbers - You could not buy equivalent sized and located industrial land and replace a building of this size for the asking price
* Call Luke Horton - 0417 406 414
Raine & Horne Commercial
Shop 3, 136 William Street, Port Macquarie
T : 02 6584 0544
Property ID: 503610102Last Updated: 12 Sep 2020