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Sold on 18 Dec 2019

3-7 Say Street Wagga Wagga NSW 2650

  • Factory, Warehouse & Industrial
  • 5,500 m²
  • Sold

Prime Industrial Investment Global Auto Parts Manufacturer Circa 8.5% Yield

  • Dayco: Est 1905, 22 Countries
  • Landlord preferred net lease structure
  • Wagga Wagga: $3.7 billion GRP

+ 10 year Net lease to 2023 + 10 year option to 2033
+ Dayco: US based, 100+ year history, in 22 countries, a world leading engine components and drive systems supplier for the automotive, industrial and aftermarket industries
+ Dayco Australia: products manufactured for export and distribution via outlets including Bursons, Repco, Autobarn etc
+ Minimum 3% annual rent increases
+ Tenant pays all usual outgoings including land tax
+ Significant 12,759 sqm landholding
+ Total building area of 5,500 sqm incorporating high clearance, clear span warehousing and offices
+ Three buildings on three titles providing future configuration flexibility
+ Wagga Wagga: Strategic national distribution and logistics destination and booming regional city, $3.7b gross regional product
+ Net rental: $279,683 pa

Auction 11am AEDT Tuesday 10 December
Doltone House Hyde Park, Sydney, NSW

AUCTION

Auction date and time10/12/2019 11:00
Auction location11AM, Doltone House, Sydney

Property Highlights

Property ID2015878619
Date Sold18 Dec 2019
Floor Area5,500 m²
Land Area1.28 ha
EnergyAsk Agent
ParkingAsk Agent
Category
Last updated  17 Dec 2019
Map for 3-7 Say Street Wagga Wagga NSW 2650
Map for 3-7 Say Street Wagga Wagga NSW 26503-7 Say Street Wagga Wagga NSW 2650
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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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Burgess Rawson & Associates
Level 7, 140 Bourke Street Melbourne VIC 3000

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