242 Nolan Street Unanderra NSW 2526

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