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 • 2,112 sqm industrial allotment • Traditional factory warehouse with Two overhead gantry cranes (5 & 10 tonne) • As new stand-alone office building totally renovated 170 sqm* brick building • 1,100 sqm* factory with large sliding door access and side roller doors • Addition amenities installed at rear catering for a large workforce • Ideally combined with 13 Glastonbury Avenue to make 4,420 sqm future development opportunity and 58m* main road frontage • 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
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Purchase price
$
1,234,567
Deposit available
$
123,456
Loan term
30
years
Interest rate
3.00
%
repayments
$0/month*
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