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Sold on 27 Nov 2020

5-7 Garema Circuit Kingsgrove NSW 2208

  • Factory, Warehouse & Industrial
  • 3,561 m²
  • Sold

PREMIUM 10 YEAR TRIPLE NET LEASED INVESTMENT

  • 3,561m² total lettable area
  • $650,000 pa net income
  • 10 year WALE

Colliers International are pleased to offer 5-7 Garema Circuit, Kingsgrove to the market for sale via an Expressions of Interest campaign closing Wednesday 18 November 2020 at 4:00pm.

This substantial freehold warehouse represents a rare opportunity to acquire a superior quality facility.

Key property highlights include:

3,561m² total net lettable area
Strong net income of $650,000 p.a.
Premium triple net leased investment
Strong fixed rental reviews of 3.00%
10 year WALE offering security of income for years to come
Strong covenant in Garlo's Pies
HACCP approved food facility
Heavy refurbishment recently completed
Represents good capital value
Easy access to the M5 Motorway
IN2 Light Industrial zoning

For more information or to arrange an inspection please contact the exclusive selling agents:

Trent Gallagher
0432 242 063

Michael Crombie
0412 903 063

EXPRESSION OF INTEREST

Closing date and time18/11/2020 12:04
Recipient nameAsk Agent
Delivery addressAsk Agent
Trent Gallagher
Colliers International Sydney South
Trent Gallagher
Colliers International Sydney South
Michael Crombie
Colliers International Sydney South
Michael Crombie
Colliers International Sydney South

Property Highlights

Property ID2016579254
Date Sold27 Nov 2020
Floor Area3,561 m²
Land Area3,765 m²
EnergyAsk Agent
Parking49 x Onsite parkings
Category
Last updated  30 Nov 2020
Map for 5-7 Garema Circuit Kingsgrove NSW 2208
Map for 5-7 Garema Circuit Kingsgrove NSW 22085-7 Garema Circuit Kingsgrove NSW 2208
Trent Gallagher
Colliers International Sydney South
Trent Gallagher
Colliers International Sydney South
Michael Crombie
Colliers International Sydney South
Michael Crombie
Colliers International Sydney South

Property Highlights

Property ID2016579254
Date Sold27 Nov 2020
Floor Area3,561 m²
Land Area3,765 m²
EnergyAsk Agent
Parking49 x Onsite parkings
Category
Last updated  30 Nov 2020
Colliers International Sydney South
Building 3, Level 8, 185-191 O’riordan Street Mascot NSW 2020
Trent Gallagher
Colliers International Sydney South
Trent Gallagher
Colliers International Sydney South
Michael Crombie
Colliers International Sydney South
Michael Crombie
Colliers International Sydney South
Trent Gallagher

Trent Gallagher

Colliers International Sydney South

Michael Crombie

Michael Crombie

Colliers International Sydney South

+61 *** ***
+61 432 242 063

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