1&2/14 Stockland Drive Kelso NSW 2795

Factory, Warehouse & Industrial
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 time	19/05/2015 14:00
Auction location	Mezzanine Level

Burgess Rawson Sydney

Level 11.02, 9 Castlereagh Street

Sydney, NSW 2000

Property Highlights

Date Sold	20 May 2015
Sold Price	$1,605,000
Floor Area	Ask Agent
Land Area	Ask Agent
Parking	Ask Agent
Property ID	2011920401
Category	Factory, Warehouse & Industrial Shop & Retail Showrooms / Bulky Goods
Last updated	20 May 2015

Map for 1&2/14 Stockland Drive Kelso NSW 2795

Nearest transport* to 1&2/14 Stockland Drive Kelso NSW 2795

Bus

Train

Sydney Rd Opp Stockland Dr	245 m
Sydney Rd After Stockland Dr	252 m
Kelso Public School, Boyd St	471 m
Kelso Coach Stop	533 m

*Within a 4km radius

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Burgess Rawson Sydney

Level 11.02, 9 Castlereagh Street

Sydney, NSW 2000

Property Highlights

Date Sold	20 May 2015
Sold Price	$1,605,000
Floor Area	Ask Agent
Land Area	Ask Agent
Parking	Ask Agent
Property ID	2011920401
Category	Factory, Warehouse & Industrial Shop & Retail Showrooms / Bulky Goods
Last updated	20 May 2015