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10-12 Glastonbury Avenue Unanderra NSW 2526

  • Industrial / Warehouse
  • 1,639 m²
  • Expressions of Interest

Passive Investment with Highway Exposure - New 10 Year Lease

  • Market leading tenant covenant
  • 3672 sqm land area
  • Net Income $220,233 pa + GST

Cushman & Wakefield is pleased to present a unique QLD & NSW property portfolio to the open market. The portfolio consists of 6 stand-alone assets available to purchase individually or in one-line.

The property has the following key characteristics:

• Brand new 10 year leases commenced May 2019
• 3,672 sqm industrial land with large sweeping exposure to the Princes Motorway
• Engineering facility with two 10 tonne overhead gantry cranes
• EPA approved wash bay
• Renovated offices & administration & training rooms
• Large concrete hardstand and ample staff parking
• Ideally combined with 8 Glastonbury Avenue to make 5,942sqm future development opportunity and a total of 130 metre frontage and exposure to the motorway
• Unanderra is a key industrial precinct servicing the greater Illawarra economic region. Known as Australia’s major steel making and coal mining export hubs, the Port Kembla Steelworks receives daily rail deliveries direct from mine sites into its major blast furnace operation and is also home to BlueScope’s largest global steel operation
• Port Kembla, a diverse commodity based deep water port servicing general cargo, agricultural, bulk product exports and is NSW’s largest motor vehicle import terminals.

Cushman & Wakefield invite you to take advantage of this unique investment opportunity with multiple assets available for purchase individually or in one-line. The Cram Fluid Power Portfolio is for sale via Expressions of Interest closing Wednesday 28 August 2019 at 4pm.

Cram Portfolio Details:
• Bite sized assets starting under $1,000,000 sale prices backed by Fortune 500 Multinational
• Cram Fluid Power is an industry leading Hydraulic & Power Fluid business with operations in QLD, NSW & WA, locally owned by the Inenco Group (Consolidated Bearings, Hardy Spicer)
• Wholly owned subsidiary of Genuine Parts Company (NYSE:GPC), a Fortune 500 American multinational with a Market Cap of $US15.4 Billion. Major Australian brands include Repco, NAPA Auto Super Stores, COVS Automotive & Ashdown Ingram

Exclusive Agents:

Anthony Bray 0419 322 233
Aaron Dahl 0411 510 979

*approx

EXPRESSION OF INTEREST

Closing date and time28/08/2019 16:00
Recipient nameAsk Agent
Delivery addressAsk Agent

Property Highlights

Property ID2015461993
Floor Area1,639 m²
Land Area3,672 m²
EnergyAsk Agent
Parking30 x Onsite parkings
Building TypeWhole building
Annual ReturnAsk Agent
AvailabilityTenanted
Category
Last updated  12 Aug 2019
Map for 10-12 Glastonbury Avenue Unanderra NSW 2526
Cushman & Wakefield Brisbane
Level 11, 123 Eagle Street Brisbane City QLD 4000

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