Raine & Horne Commercial Northern Beaches as exclusive agents are proud to present 47/176 South Creek Road, Cromer for sale by Auction as a tenant investment.
The current tenants (Ausmetec Pty Ltd) have just entered into another new 2 year lease, having enjoyed being there since 2014. A strong tenancy serving mining companies with science and technology solutions for their mineral extraction and processing plants. The tenant has kept this property in a clean and pristine condition.
The subject property is located within the 2002 built South Creek Road Industrial Estate, a modern and highly sought-after secure complex. The estate provides dual street access with an additional entry off Boola Place and an on-site local business award winning cafe.
Positioned in a prime location within E Block, providing excellent truck/vehicle access and two car parking spaces. This high 6.6 metre clearance warehouse comprises of 148sqm, 112sqm of warehouse and 36sqm of mezzanine. The mezzanine is well positioned in the north eastern corner of the complex, proving views from the mezzanine office down through the complex. This well-presented modern office is air-conditioned and the warehouse it's self boats 40ft container access and is fitted with a full height electric roller shutter door.
FEATURES:
* Total 148sqm: 112sqm of warehouse and 36sqm of mezzanine
* Strong secure tenancy with a solid income
* A guaranteed rental return until 2020 and 3% annual review
* Net rent $32,912 + GST per annum
* Brand new carpet throughout the mezzanine area
* Prime position with 2 street access points Boola Place and South Creek Road
* High (6.6m) clearance warehouse with 40ft container access, electric roller shutter door
* Air conditioned office
* Modern kitchenette, bathroom with shower and toilet
* Built in 2002, professionally managed complex of 67 with an on-site café
* Greater work/life balance with easy access to beaches/leisure activities
* Positioned in the highly sought after commercial and industrial precinct
* Excellent transport links close by with services to Manly Wharf and Sydney CBD
Located in the heart of Cromer's industrial precinct; the property is accessible from both South Creek Road & Boola Place. Pittwater Road is approximately 2km away allowing easy access to the rest of the Northern Beaches and Sydney.
***All rentals are per annum and quoted areas are approximations***