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Sold on 7 Sep 2018

242 Nolan Street Unanderra NSW 2526

  • Medical / Consulting
  • 1,548 m²
  • Sold

NSW Government Leased Industrial Investment

    Auction 11am Tuesday 11 September 2018
    Doltone House Hyde Park, 181 Elizabeth Street, Sydney

    5 year lease to 2021 + options to 2031
    Lease to NSW Government (RMS)
    Wollongong is experiencing massive population growth
    Current population 212,630 forecast to increase by over 19% by 2036 Unanderra, established warehousing and distribution hub for the region
    Strategic position near M1 Princes Motorway linking Sydney & Wollongong Under 10 minutes to Port Kembla, an important international gateway
    Huge 16,635 sqm land area – massive future potential
    Building area 1,548 sqm
    IMPORTANT – incorporates rare Heavy Vehicle Inspection facility, vital for road haulage
    Tenant pays all outgoings (as per lease)
    Valuable 3% annual rent increases
    Easily managed Government leased investment
    Net Income: $237,747 pa + GST

    Michael Gilbert
    Burgess Rawson Sydney
    Michael Gilbert
    Burgess Rawson Sydney

    Property Highlights

    Property ID2014570926
    Date Sold7 Sep 2018
    Floor Area1,548 m²
    Land Area1.66 ha
    EnergyAsk Agent
    ParkingAsk Agent
    Category
    Last updated  21 Sep 2018
    Map for 242 Nolan Street Unanderra NSW 2526
    Map for 242 Nolan Street Unanderra NSW 2526242 Nolan Street Unanderra NSW 2526
    Michael Gilbert
    Burgess Rawson Sydney
    Michael Gilbert
    Burgess Rawson Sydney

    Property Highlights

    Property ID2014570926
    Date Sold7 Sep 2018
    Floor Area1,548 m²
    Land Area1.66 ha
    EnergyAsk Agent
    ParkingAsk Agent
    Category
    Last updated  21 Sep 2018
    Burgess Rawson Sydney
    Level 18, 15 Castlereagh Street Sydney NSW 2000
    Michael Gilbert
    Burgess Rawson Sydney
    Michael Gilbert
    Burgess Rawson Sydney
    Michael Gilbert

    Michael Gilbert

    Burgess Rawson Sydney

    0430 *** ***
    0430 024 790

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