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Commercial Collective - NEWCASTLE

19 Ayrshire Crescent Sandgate, NSW 2304

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19 Ayrshire Crescent,
Sandgate, NSW 2304

Warehouse, Factory & Industrial

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Commercial Collective - NEWCASTLE
Byrne Tran
Craig Watson

Commercial Collective - NEWCASTLE

10 Newcomen Street
NEWCASTLE, NSW 2300
Commercial Collective - NEWCASTLE
19 Ayrshire Crescent
Sandgate, NSW 2304

Map of 19 Ayrshire Crescent

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Investment leased to listed multi-national tenant

  • Investment Opportunity
  • Leased to Konecranes
  • Building Area 832sqm*
Auction Location: Realtair Online

Positioned in the Sandgate industrial precinct, the property offers a freestanding tenanted industrial investment returning a net income of $133,966.10* per annum plus GST. The property is leased to Konecranes, a publicly listed world leading group of lifting businesses who service a broad range of customers, including manufacturing and process industries, shipyards, ports and terminals. Konecranes are currently on a three year lease due to expire on 29 February 2024 with a further two year option.

Situated on a 2,698sqm* site, the property comprises of a highly functional high clearance industrial workshop with a 10 tonne overhead crane, partitioned offices and wash bay totalling 832sqm*. The site also benefits from dual access and a concrete hardstand area at the rear of the property.

- Currently returning $133,966.10 net per annum + GST
- Leased to Konecranes Pty Ltd
- Lease term 3 years plus 2 year option

*Approximately

Property ID: 504139443Last Updated: 15 Dec 2022

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