15 Prosperity Drive,
Morisset, NSW 2264
Warehouse, Factory & Industrial
Key property information
Land area
Floor area
Car spaces
Zoning
Tenure type
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Map of 15 Prosperity Drive
High quality industrial asset
Underpinned by global covenant INVOCARE AUSTRALIA PTY LIMITED, this is a strategic industrial asset in a long-term growth corridor.
Key investment highlights:
• New 5-year lease to August 2029 plus 2 x 5-year options.
• Attractive annual rent reviews, greater of fixed 3.0% or CPI, providing strong long term rental growth
• Lessor friendly net lease, Lessee responsible for all usual outgoings including council rates, water rates, insurance, and land tax as per lease
• Substantial 2,940 sqm* freehold site in the heart of Morisset's booming industrial precinct.
• Quality Drayton construction built 2020.
• Substantial tenant fit out
• Net Income $243,980.00 p.a. + GST
Morisset: is identified by Lake Macquarie City Council as a Strategic Economic Centre, providing a wide range of services, community facilities, retail, and employment to a wide spatial catchment.
Disclaimer: All sizes are approximate. Refer to sales contract for full details. We have obtained all information provided here from sources we believe to be reliable; however, we cannot guarantee its accuracy. Prospective tenants and purchasers are advised to carry out their own investigations and satisfy themselves with all aspects of such information including without limitation, any dimensions, areas, zoning, approvals, and permits. Purchasers should make their own inquiries, seek their own advice, and rely only upon those inquiries and advice.
Key investment highlights:
• New 5-year lease to August 2029 plus 2 x 5-year options.
• Attractive annual rent reviews, greater of fixed 3.0% or CPI, providing strong long term rental growth
• Lessor friendly net lease, Lessee responsible for all usual outgoings including council rates, water rates, insurance, and land tax as per lease
• Substantial 2,940 sqm* freehold site in the heart of Morisset's booming industrial precinct.
• Quality Drayton construction built 2020.
• Substantial tenant fit out
• Net Income $243,980.00 p.a. + GST
Morisset: is identified by Lake Macquarie City Council as a Strategic Economic Centre, providing a wide range of services, community facilities, retail, and employment to a wide spatial catchment.
Disclaimer: All sizes are approximate. Refer to sales contract for full details. We have obtained all information provided here from sources we believe to be reliable; however, we cannot guarantee its accuracy. Prospective tenants and purchasers are advised to carry out their own investigations and satisfy themselves with all aspects of such information including without limitation, any dimensions, areas, zoning, approvals, and permits. Purchasers should make their own inquiries, seek their own advice, and rely only upon those inquiries and advice.
Morisset, 2264 demographic data
The median household income for Morisset is $959, 33% lower than Regional New South Wales's household income of $1,434. Morisset has an older age profile compared to the rest of Regional New South Wales (median age 53 vs 43). Property ownership data shows 23% of property owners in Morisset have a mortgage.
4,078
Population
$959 per week
Median household income
53 years
Median age
Owners
Most residents
Families
Most households
04125520...
15 Prosperity Drive
Morisset, NSW 2264
LAWSON Commercial11/43 Accolade Avenue
MORISSET, NSW 2264
MORISSET, NSW 2264
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