Share this property

realcommercial.com.au

43 Alliance Avenue Morisset, NSW 2264

Directions

43 Alliance Avenue,
Morisset, NSW 2264

Warehouse, Factory & Industrial

Key property information

Land area

Floor area

Zoning

Tenure type

Sold on

Return

Map of 43 Alliance Avenue

Directions

Secure Tenanted Investment

Property Highlights:
• Modern Construction: Built in 2021 by GWH, featuring durable concrete and Colorbond construction.
• Land Area: 1,522m² (Subject to sales contract)
• Building Area: 648m² (approx.)

Dual Tenancy: Secure income stream from two established tenants:
• Tenancy 1: Coastal Commercial Flooring Pty Ltd (Wholesale flooring), occupying 585m². 5-year lease commencing 08/07/2024.
• Tenancy 2: MOSEY ON PTY LTD (Mosey Coffee Roasters), occupying 63m². 3-year lease.
• Combined Net Rent: $137,000 per annum.

Strong Returns: Capitalised ROI of 6.2% based on purchase price of $2,200,000.
Established Tenants: Both tenants have defined lease terms with clear rent review structures.
Favourable Lease Terms: Tenants responsible for proportionate building outgoings.

Investment Summary: This property presents a compelling opportunity to acquire a recently constructed, dual-tenanted commercial asset in a growing area. Benefit from a stable income stream and strong long term tenant lease agreements.

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...
realcommercial.com.au logo
43 Alliance Avenue
Morisset, NSW 2264
LAWSON Commercial
11/43 Accolade Avenue
MORISSET, NSW 2264

Similar properties

Other properties you might be interested in based on the location and property type you are looking at.