Are you looking for that industrial property investment that can offer more that just a strong rental return and a long term tenant? Would you like to acquire a future development site that will not only add a solid cash flow to your portfolio, but will allow an investor the ability to obtain an excellent land parcel within the a established and extremely popular Western Sydney Industrial Precinct?
This is your chance to clean up and out weigh all the other leased investments on the market today.
Located on the southern alignment of Sammut Street, Smithfield, this unique leased Investment offers all prudent investors and developers the benefit from future capital associated with this under developed 3,144sqm Industrial allotment, future redevelopment potential once the recently executed long term leases and exercised options are expired, and a current combined gross passing rent of $144,000 per annum + GST under the existing recently executed leases.
Summarized lease details are as follows:
Lease 1 - Weighbridge:
Term: 5 Years
Options: 3 further 5 year options
Current gross rental: $55,200 p.a + GST
Lease Commenced: 1/11/2012
Lease 2 - Truck Wash:
Term: 5 Years
Options: 3 further 5 year options
Current gross rental: $88,500 p.a + GST
Lease commenced: 28/2/2012
Advised Outgoings:
Council Rates: $5,912.00
Insurance:
$3,927.73
Land Tax:
$9,738.35
Water Usage: 100% payable by tenants
Other Features of the property include:
-Under developed site within an establishment and popular Western Sydney Industrial Precinct.
- Close proximity to The Cumberland HWY, M4 Motorway and other major roads and services
- 500 AMPS of power (substation on site)
- Numerous out buildings
- Extensive hardstand area
- Water retention/recycling tanks
National Industrial Realty has just been appointed as the exclusive selling agent to this unique investment opportunity that presents numerous opportunities which are normally considered seldom traded within this market. Formal lease documents and a sales contract are available now, so act fast and express your interest!
