4/814-822 Old Illawarra Rd,
Menai, NSW 2234

Showrooms & Large Format Retail • Shops & Retail

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Map of 4/814-822 Old Illawarra Rd

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TENANTED LONG TERM INDUSTRIAL/BULKY GOODS

Long term Industrial/Bulky Goods showroom Investment, with a long term Tenancy in place.
Old Illawarra Rd is located with very close proximity to Bangor By Pass and the Alfords Point major road to the nearby F5.

High Clearance industrial Strata Unit,
Building area of approx 238 sq meters, includes an upstairs mezzanine
Ample on site customer parking
Currently leased to Menai Tyre Power.
Proposed new lease from 1st March 2018 to 28th Feb 2023.+5 Year Option
Currently returns $55,735 PA excl of GST (increases 1st March 2018)
All outgoings are included in the lease figure
The current tenant has been there in excess of 18 Years.

Please contact Frank Maloney on 9543 211 or 0418 258 604 for more information.

Menai, 2234 demographic data

The median household income for Menai is $2,575, 24% higher than Greater Sydney's household income of $2,077. Menai has an older age profile compared to the rest of Greater Sydney (median age 39 vs 37). Property ownership data shows 56% of property owners in Menai have a mortgage.

10,419

Population

$2,575 per week

Median household income

39 years

Median age

Owners

Most residents

Families

Most households

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