THE TENANT'S JUST RE-SIGNED, SO NOW'S THE TIME.

Sale Details

Sold on 29 Jul 2021 for $2,800,000

Description

POINT OF INTEREST:
Private Sale Closing Thursday 22nd July 2021 at 2pm.

It’s not often a Bruce Henderson Architects designed industrial building comes on the market. It’s bringing in $129,744 per annum via longstanding tenant National Engineering Group — with a further 5-year lease having just been secured. This freestanding, 1,530 sqm* industrial facility features a clear span 9-metre-high warehouse, corporate office space across two levels, two container height roller shutter doors, security gates, and on-site car parking numbering 14. Usually in real estate we talk about location, but here, it’s about logistics — the property is just 280 m* from Cooper Street, 1 km* from Sydney Road and 2.7 km from the Hume Freeway.

- Total building area of 1,530 sqm*, including office/showroom 270 sqm*
- Currently tenanted to National Engineering Group returning $129,744 pa.
- New 5 + 5 year lease signed 15 June 2021.
- Freestanding site of 2,244 sqm*.
- 14 carparks on-site.
- Industrial 1 Zoning.
- Depreciation taxation allowances

POINT OF VIEW:

The strength of this lease is well engineered and is the perfect opportunity for any savvy investor. And with a fresh 5 + 5 year just signed, while the ink dries on that dotted line, this one is ready for yours.


*Approx.
Pricing excludes GST