Investment opportunity, Industrial
| Building Area | 153m² |
|---|---|
| Rate | $4,920 per m² |
| Yield: | 4.96% |
| Sale History ID: | 42930 |
|---|---|
| Property ID: | 21337 |
| Advertised Price: | Contact Agent |
|---|
POINT OF INTEREST:
Unit 18 at The Wickham offers a high-quality, tenanted industrial investment within a tightly held boutique development of just 20 architect-designed warehouse hybrids. Designed by Armsby Architects and constructed by C3 Constructions, the estate sets a new benchmark for modern industrial accommodation across Bayside, combining elevated design with functional, future-proofed warehousing.
Lease Summary:
- Leased to Nannar Group Pty Ltd, returning $37,500 p.a. excl GST & Outgoings
- 3 year lease + 3 year option commencing February 2026
- 3% annual rental increases
- 3 month security deposit
Key Property Features:
- Modern office/warehouse configuration with first floor offices
- Open plan ground floor warehousing
- 7–7.5 metre internal clearance*
- Container height roller door
- High quality fixtures and fittings throughout
- Air conditioning, solar power, NBN connectivity and 3-phase power
- 2 allocated on-site car spaces
- Landscaped estate with excellent internal access
- Approx. 800 metres to Nepean Highway*
POINT OF VIEW:
Securely leased within a premium, limited-supply industrial estate, Unit 18 presents a compelling long-term investment underpinned by a strong tenant covenant, built-in rental growth and attractive depreciation benefits.
*Approx.
Pricing excludes GST
| Features |
|---|
| Tenancy | The Nanner Group Pty Ltd ATF The Nannar Group Trust |
|---|---|
| Lease Term | 3 Years + 3 Years |
| Commenced | February 2026 |
| Rent Review | 3% Annual Increases, Market Review at Option. |
| Bond/Guarantees | $10,312.50 (3 month bond) |
| Outgoings Payable | Tenants pay 100% of Retail Outgoings |
| Age | Brand new - construction completed |
| Air Conditioner | Yes - in office area |
| Availability | As per lease |
| Car Parking Fees | N/A |
| Car Spaces | 2 |
| Condition | Highly Specified |
| Floors | Concrete and carpet |
| Height | 7-7.5m* |
| Roller Doors | Yes - container height |
| Wheel Chair Access | Yes - to ground floor only |
| Zoning | Industrial 1 Zone |
| Outgoings |
|---|
| Owners’ Corporation | TBA. |
|---|---|
| Council Rates | TBA. |
| Water Rates | TBA. |
| Land Tax | TBA. |
M | 0468 860 737
T | (03) 9623 2582
E | [email protected]
M | 0481 848 240
T | (03) 9654 2311
E | [email protected]