121 Coreen Avenue, PENRITH NSW 2750

SOLID FULLY LEASED INVESTMENT PROPERTY 
Well presented industrial investment opportunity that will provide exceptional cash flow and diverse value add propositions for the future. 
Potential to subdivide land, strata sales (subject to Council approval) or keep cash flow that will provide secure income over the life of the asset.  
* 23 factory units from 92 sqm to 240 sqm 
* Current return approx $292,000 pa gross 
* Proven cash flow with history of minimum vacancy 
* Strata potential (Subject to Council approval) 
* 7891 sq metre site zoned General Industrial 4(a) 
* 133 metre main road frontage gives great exposure 
* Dual driveway access with ample on site parking 
* Easy access to Gt. Western H'way and M4 Motorway 
* Only 1km to Penrith railway commuter car park 
 
AUCTION DETAILS: 
10.30am Tuesday 23rd March 2010 
Sydney Auction Centre 
55 Harrington Street, Sydney  
 
Contact Peter Pazios - 0411 289 964