8-10 Depot Road,
Mortdale, NSW 2223

Warehouse, Factory & Industrial • Development Sites & Land • Other

Key property information

Land area

Property extent

Zoning

Tenure type

Sold on

Map of 8-10 Depot Road

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Investment - ASX Listed Company - with Development Upside - "SOLD"

An investment property offering a long term secure lease to an ASX listed, Top 200 Company.

The existing tenant, Transpacific Cleanaway has occupied the property for over 20 years.

Offering a site area of 5,380sqm, the property comprises:

- Hardstand land
- Metal clad industrial building
- Covered awnings
- Separate office building
- Truck wash bay

Zoned IN2 Light Industrial under Hurstville City Council

Neighbours include: Hurstville City Council Depot, St. George Masonic Club, newly opened Woolworths Supermarket and Hurstville Golf Course

Lease Details:

- Lease Start: 1 July, 2012
- Term: 10 years
- Option: 5 years plus 5 years
- Rent: $218,115.29 p.a. + GST
- Tenant pays outgoings

In addition to the property's existing tenant, the property offers future re-development opportunity.

8-10 Depot Rd, Mortdale is being offered for sale via Auction on the 8th April, 2014.
Auction venue: Sydney Auction Centre, 50 Margaret Street, Sydney

Contact

Chris Anton
9570 6000
0419 511 5...

Matthew Matthews
9570 6000
0418 266 590.

An Information Memorandum is available to interested parties.

Mortdale, 2223 demographic data

The median household income for Mortdale is $1,995, 4% lower than Greater Sydney's household income of $2,077. Mortdale has an older age profile compared to the rest of Greater Sydney (median age 38 vs 37). Property ownership data shows 50% of property owners in Mortdale have a mortgage.

10,745

Population

$1,995 per week

Median household income

38 years

Median age

Owners

Most residents

Families

Most households