Colliers International is delighted to offer for sale 10 Ultimo Place, Marsden Park.
The subject property is situated within Sydneys North West Growth corridor. Marsden Park is very well located within this priority precinct and is one of Australias fastest growing regions. The trade centre has excellent exposure via a 77 metre (approx.) frontage to Richmond Road, with neighbouring businesses including Costco, Ikea, McDonalds, Aldi and Coles. The property at 10 Ultimo Place benefits from multi-directional access at the intersection of Harmony Avenue and Richmond Road, which links directly to the M7 Motorway.
Key features include:
Site area: 6,699 sqm*
Building area: 2,245 sqm*
Exposure to 40,000 cars daily
50 on site car spaces
11* year WALE
Leased to RSEA and Total Tools which expire February 2031
Total net income: $761,000 per annum
3.5% Annual Rental Increases
Tax advantages - full depreciation allowances available
Zoned B5 Business Development Blacktown City Council LEP 2015
State Environmental Planning Policy (Sydney Region Growth Centres) 2006
Outgoings: 100% payable by the lessee(s) on a proportionate basis
For further details and to obtain a copy of the Information Memorandum and Due Diligence material, please contact the exclusive Agent Paul McGlynn below.
*Approximately.