This exceptional industrial freehold property is located in the heart of Tuggerah Industrial Precinct and within minutes of the Sydney to Newcastle M1 Motorway, Westfield Shopping Centre, Tuggerah Super Centre, plus the Tuggerah Railway Station.
NEW RENT SET FOR 1ST OCTOBER 2022 - $155,967 PA NET + GST.
Excellent, long term benefits that will ensure this outstanding investment is one for your portfolio, include:
- Long initial term of five (5) years plus options
- 28th September 2021 to 27th September 2026
- Two (2) x five (5) year options until 2036
- Commencing rent of $147,000 Net Per Annum + GST
- CPI increase annually (first increase due this September, 2022)
- All Council Rates and charges paid by the tenants
Consisting of a very flexible building design which includes large clearspan factory and warehouse areas plus showroom, office and hardstand areas, there is a flexible floor plan and great access plus generous parking! BONUS 400amps of power!
The zoning is a flexible B6 Enterprise Corridor zoning.
Building area incorporated on the (approx.) 2,025 m2 rear level parcel indude:
- Total floor area of 1,403 m2 (approx.)
- Factory floor area of 1,194 m2 (approx.)
- Plus office mezzanine areas (to be confirmed)
There are three (3) high and wide roller doors that provide excellent access along the length of the property, plus additional awnings and covered areas.
This quality investment is an ideal 'pick for your portfolio' and represents an opportunity for the astute buyer to secure value and income with plenty of flexibility and upside.
Call now for an Information Memorandum and to inspect this outstanding investment property!
Auction details:
Date: 25th August 2022
Time: 12:00 PM
Location: LJ Hooker Commercial Central Coast Auction rooms - Suite 401/1 Bryant Drive, Tuggerah.
To REGISTER NOW visit: https://buy.realtair.com/properties/94857
Disclaimer:
All information contained herewith, including but not limited to the general property description, price and the address, is provided to LJ Hooker Commercial Central Coast by third parties. We have obtained this information from sources we believe to be reliable however, we cannot guarantee its accuracy. The information contained herewith should not be relied upon and you should make your own enquiries and seek advice in respect of this property or any property on this website.
