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Sold on 20 May 2015

1&2/14 Stockland Drive Kelso NSW 2795

  • Factory, Warehouse & Industrial
  • 1 m²
  • Sold, $1,605,000

6 Year Lease to Premium Homeware Retailer Adjacent to Large Expanding Bunnings

    Secure 6 year lease to 2019
    6 year option to 2025
    Major East Coast premium retailer with 48 company owned stores
    Dominant homeware centre in growth area anchored by large and expanding Bunnings
    Substantial depreciation benefits
    Area of approximately 1,000sqm + exclusive use seating area
    Tenant pays all outgoings, as per lease
    2.75% annual rent increases
    Easily managed single tenant investment in growth area
    Net Income: $117,500 pa + GST.
    Price guide $1,425,000 â?? expected yield circa 8.25%.

    Auction 2pm Tues 19 May, 50 Margaret St Sydney

    Michael Gilbert 0430 024 790
    Rhys Parker 0451 101 042

    AUCTION

    Auction date and time19/05/2015 14:00
    Auction locationMezzanine Level
    Michael Gilbert
    Burgess Rawson Sydney
    Michael Gilbert
    Burgess Rawson Sydney
    Rhys Parker
    Burgess Rawson Sydney
    Rhys Parker
    Burgess Rawson Sydney

    Property Highlights

    Property ID2011920401
    Date Sold20 May 2015
    Sold Price$1,605,000
    Floor Area1 m²
    Land AreaAsk Agent
    ParkingAsk Agent
    Category
    Last updated  20 May 2015
    Map for 1&2/14 Stockland Drive Kelso NSW 2795
    Map for 1&2/14 Stockland Drive Kelso NSW 27951&2/14 Stockland Drive Kelso NSW 2795
    Michael Gilbert
    Burgess Rawson Sydney
    Michael Gilbert
    Burgess Rawson Sydney
    Rhys Parker
    Burgess Rawson Sydney
    Rhys Parker
    Burgess Rawson Sydney

    Property Highlights

    Property ID2011920401
    Date Sold20 May 2015
    Sold Price$1,605,000
    Floor Area1 m²
    Land AreaAsk Agent
    ParkingAsk Agent
    Category
    Last updated  20 May 2015
    Burgess Rawson Sydney
    Level 18, 15 Castlereagh Street Sydney NSW 2000
    Michael Gilbert
    Burgess Rawson Sydney
    Michael Gilbert
    Burgess Rawson Sydney
    Rhys Parker
    Burgess Rawson Sydney
    Rhys Parker
    Burgess Rawson Sydney
    Michael Gilbert

    Michael Gilbert

    Burgess Rawson Sydney

    Rhys Parker

    Rhys Parker

    Burgess Rawson Sydney

    0430 *** ***
    0430 024 790

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