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Regents Park, NSW 2143
Warehouse, Factory & Industrial
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INDUSTRIAL INVESTMENT WITH UPSIDE
- EOI closes 23 March 2016 at 3pm
- Investment opportunity
- Strong lease covenant
Colliers International is delighted to offer 25 Princes Road East, Regents Park to the market for sale.
The property represents an excellent opportunity to acquire a high quality industrial asset leased to a strong covenant in IPD Group Limited.
The vendor’s have recently spent $1,750,000 on upgrading and refurbishing the asset, so it presents to an extremely high standard and will suit the tenants needs well into the future.
The property is located within the highly sought after and tightly held Regents Park industrial market. Given the limited opportunities to acquire investments within this area, we expect this quality investment will attract strong interest.
KEY INVESTMENT HIGHLIGHTS INCLUDE:
• Strong lease covenant in IPD Group Limited
• Lease expiry 31 January 2019
• Recently refurbished building of 10,459.3sqm
• Highly functional improvements
• Given the four buildings onsite the property could be leased to multiple tenants in the future, which broadens the tenant pool for the asset
• Property is located 500 metres to Regents Park Railway Station
• The asset is located within a tightly held market, popular with both institutional investors and owner occupiers and well recognised occupants
• Ample truck turning and hardstand provided on site
• Passing rental of $90/sqm pa net is below market
Colliers International welcomes your interest and should you require further information or wish to arrange an inspection please contact the exclusive selling agents.
The property represents an excellent opportunity to acquire a high quality industrial asset leased to a strong covenant in IPD Group Limited.
The vendor’s have recently spent $1,750,000 on upgrading and refurbishing the asset, so it presents to an extremely high standard and will suit the tenants needs well into the future.
The property is located within the highly sought after and tightly held Regents Park industrial market. Given the limited opportunities to acquire investments within this area, we expect this quality investment will attract strong interest.
KEY INVESTMENT HIGHLIGHTS INCLUDE:
• Strong lease covenant in IPD Group Limited
• Lease expiry 31 January 2019
• Recently refurbished building of 10,459.3sqm
• Highly functional improvements
• Given the four buildings onsite the property could be leased to multiple tenants in the future, which broadens the tenant pool for the asset
• Property is located 500 metres to Regents Park Railway Station
• The asset is located within a tightly held market, popular with both institutional investors and owner occupiers and well recognised occupants
• Ample truck turning and hardstand provided on site
• Passing rental of $90/sqm pa net is below market
Colliers International welcomes your interest and should you require further information or wish to arrange an inspection please contact the exclusive selling agents.
Property ID: 501864586Last Updated: 26 May 2016
04120893...
Address available on request
Regents Park, NSW 2143
Colliers - Sydney West Level 50, 8 Parramatta Square, 10 Darcy Street
PARRAMATTA, NSW 2150
PARRAMATTA, NSW 2150
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