This outstanding freehold industrial investment is being offered to the market for sale for the 1st time in almost 50 years. Situated on 4,120m2 of industrial zoned land, the property has been occupied by long term tenant Arrow Group (who trade as Step 4 Educational products). The investment offers a new 5 + 5 + 5 year lease, ensuring a healthy income from day 1 and annual increases of 3%.
With freehold industrial investments extremely hard to secure in the current market, this opportunity is bound to capture the attention of genuine investors seeking a long term, secure cashflow.
• Freehold Industrial property with long term lease to Arrow Group
• New 5 + 5 + 5 Year Lease
• Commencing Rental - $169,300 per annum Net + GST
• 3 % Annual Increases
• Land Area of 4,120m2 (approx.)
• 1,306m2 (approx.) Building improvements
• Multiple warehouse access points
• Infrastructure upgrades to the Pacific Highway enhance access to M1 Motorway
• Recent developments in Lisarow have been successful in achieving sales & leasing to national brands
• Lisarow now accommodates Aust Post, Scholastic, United Distillers, Neild & Co, Burgtec, Interpod, 4WD Supacentre as national brands
• Surrounded by new developments including almost 80 new industrial units, creating a new business hub
For Sale by Public Auction
Thursday 9th December
11.00am
On Site
For more information or to arrange an inspection contact
Andre Bianchini Raine&Horne Commercial Central Coast 0403 287 793
Brad Rogers Raine&Horne Commercial Central Coast 0459 921 122
Disclaimer: This website has been prepared for marketing purposes only and may be subject to change without notice. The information and illustrations contained in this website are indicative only and is not to be construed as advice, a recommendation or an offer for the sale of property. All interested parties are directed to rely on their own enquiries and consult their professional adviser for the accuracy of all the aspects of the information.
