Address available on request,
Prestons, NSW 2170
Key property information
A-Grade Industrial Investment - ASX Listed Tenant
Freestanding office/warehouse providing access via four (4) container sized roller shutter doors, all of which are covered via awning ideal for all weather loading/unloading.
The clear span warehouse offers internal clearances ranging from 9m - 10m (approx.) and is serviced by an ESFR overhead sprinkler system.
Key commercial terms of the investment include;
* 7 + 5 + 3 year lease
* Commencing 1 September 2014
* Net income - $685,965 pa ex GST
* Total lettable area circa - 6,533m2
* ASX Listed covenant - Generated over $291 million of sales revenue in the 2013 financial year
* 3% rental increases annually
* Substantial depreciation allowances
For an information memorandum and due-diligence package, please contact the sole exclusive agent Marcel Elias of LJ Hooker Commercial.
Expressions of Interest closing September 18th 2014 at 4:00pm
Property ID: 500942455Last Updated: 31 Mar 2022
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