19 Ayrshire Crescent Sandgate NSW 2304

Auction on Wednesday 14 September 2022 11am via online portal Realtair

Positioned in the Sandgate industrial precinct, the property offers a freestanding tenanted industrial investment returning a net income of $133,966.10* per annum plus GST. The property is leased to Konecranes, a publicly listed world leading group of lifting businesses who service a broad range of customers, including manufacturing and process industries, shipyards, ports and terminals. Konecranes are currently on a three year lease due to expire on 29 February 2024 with a further two year option.

Situated on a 2,698sqm* site, the property comprises of a highly functional high clearance industrial workshop with a 10 tonne overhead crane, partitioned offices and wash bay totalling 832sqm*. The site also benefits from dual access and a concrete hardstand area at the rear of the property.

- Currently returning $133,966.10 net per annum + GST
- Leased to Konecranes Pty Ltd
- Lease term 3 years plus 2 year option

*Approximately