Auction 11am AEDT Tuesday 4 December 2018
Doltone House Hyde Park, 181 Elizabeth Street, Sydney NSW
Huge, strategic 12,707 sqm land area with rare drive through B-Double access
4,060 sqm high specification production, logistics/distribution building
Near new building with valuable depreciation benefits
Major tenant fit-out including gantry cranes
Rare 2 x 1 MVA Transformers with facilities to expand to 3 x 1 MVA
Gateway position off Monaro Highway, 10 km from CBD and strategic home to major occupiers including Toll, Cleanaway, Downer
Canberra: Australia’s capital with 380,000+ population
10 year lease until 2027 plus options to 2042
Valuable 2.75% annual rent increases (net income $653,565 in 2026)
Close to TRIPLE NET terms, tenant pays outgoings including property management
Viridian: Australia’s largest supplier of building glass
Net Income: $540,528 pa + GST
