Knight Frank is pleased to offer for sale 59 Winnellie Road, Winnellie a quality fully leased investment situated in the heart of Winnellie.
The property is situated on Winnellie road in the very central industrial suburb of Winnellie. Winnellie is Darwin's largest and most well-established industrial suburb and contains a variety of industrial and commercial use properties. The suburb sits between the Stuart Highway to the north and Tiger Brennan Drive to the south, the two main thoroughfares in and out of Darwin.
The improvements sit on an impressive 3,400 sqm block. Constructed on the site are four freestanding units. The four units are constructed across the frontage to Winnellie road with all units offering fantastic exposure and signage opportunities. There are two cross-overs off Winnellie road which provides drive-around access between units 1 and 2 and 3 and 4. There is good parking on-site also. The units are a combination of block and steel portal frame construction with metal cladding. Each unit is configured slightly differently and offers a combination of office/showroom and warehouse storage.
The complex is currently fully leased, and the complex is maintained to a very high standard. The wet areas to all units have recently been upgraded together with other numerous enhancements.
The lease expiries are staggered across the 4 units and the estimated net income is circa $300,000 per annum plus GST. A full breakdown of the income and the leases are available by contacting Knight Frank and requesting a copy of the information memorandum.
The property is being offered for sale via an Expression of Interest campaign with offers closing Thursday 30th June at 4pm ACST.
For further information or a copy of the IM please contact Knight Frank on 8982 2500 or Matthew Knight on 0413 058 020, Michelle McRae on 0448 882 399 or Peter McVann 0412 833 276.
