GREAT SECURE INVESTMENT - LONG TERM TENANT - Potential 8% net return
- Long well established tenant on 5 x 5 year lease
- 6 other smaller warehouses
- Land area 2080smq
- Zoned B6 enterprise corridor
- Positioned amongst major retailers including Harvey Norman, Domayne and The Good Guys
FULLY LEASED!! Diverse Commercial & Retail Investment Quality commercial investment opportunity with diverse tenancy profile and value add potential.
Strategically located in Illawarra's most active bulky goods / retail hub. Within immediate proximity of Westfield Shopping Centre, Bunnings Warehouse, JB HI-FI and other national high profile, bulky goods users.
Net passing income of approximately $855,000* per year excluding GST.
Approximate Net Lettable area of 5,170sqm* and 4,875sqm* of Land Area.
Well constructed commercial building with impressive finishes and facilities offering lift access and generous on-site parking.
STRATA TITLED SHOP and OFFICE * Ground floor retail space of approx. 90m2 * Ground floor is currently under lease * 1st floor refurbished office space * 4 separate offices, reception and amenities * Freshly painted and new carpet * Rear lane access to covered parking
Modern Freehold Warehouse with Offices Approximately 500sqm warehouse with dual roller door access. Additional office area over two levels attached to internal mezzanine for additional workspace and storage. Convenient location, just off King Street Warrawong, behind the Warrawong's bulky goods retail precinct. Secure site, surrounded with high steel fence and gate. Good onsite parking area.
Iconic Corner for Investors or Occupiers Leased to Golf Mart at $63,322 pa net + GST (expiry June 2014) 509sqm (approx.) Gross Lettable Area over two levels 689sqm (approx.) prime corner site zoned B3 Commercial Core Flexibility to use as a passive investment or to owner occupy Constant passing traffic and excellent on-site parking Just 300 metres from Westfield Shopping Centre