Rare opportunity has arisen to acquire a prominent Torrens Title investment property, within the dynamic Castle Hill trading zone. This will appeal to parties seeking a passive or active investment property.

Key features of the offering include the following:

• Secure income stream of $739,000 pa net (approx) with staggered lease expiry profile across three tenancies;
• Dual street frontage and vehicular access;
• Well presented office/warehouse facility in a premier location;
• Flexible Industrial zoning which permits many uses;
• Under-developed site providing value add and/or redevelopment opportunities.
• Immediate neighbours include the Home Hub Castle Hill (occupants such as Harvey Norman, Freedom Furniture, Nick Scali, Office Works and JB HiFi etc) and recently completed new large format Bunnings Hardware Store;
• Benefit from substantial infrastructure investment with the North-West rail link due to be operational in 2019. The subject property will be 1.8km from the Showground Station and 1.5km from the Norwest Station (approx);
• Reposition the asset/tenancies, via utilising the current Development Approval consent for Bulky Goods retail.

Expressions of Interest closing Thursday 12th June, 2014 at 4.00pm.