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Sold on 22 Oct 2021

8/23a Mars Rd Lane Cove NSW 2066

  • Factory, Warehouse & Industrial
  • 151 m²
  • Sold, $1,050,000

High Clearance Warehouse in Secure Estate

  • Secure estate
  • 2 allocated car spaces
  • High clearance warehouse

Unit 8, 23a Mars Road Lane Cove is a modern industrial unit completed in 2019, offering high clearance warehouse and mezzanine level office. The warehouse is column free and has all weather loading as there is a roof over the area of the roller shutter door. In addition to the ground floor warehouse there is a bathroom with shower and a kitchenette. There are two parking spaces on title to the unit. The estate is gated after hours but occupiers have 24/7 access via remote control. There is also video surveillance of common areas 24/7.

The unit is currently leased to a military contractor working with the Royal Australian Navy. The tenant has been in occupation since February 2020 and is now on a three month rolling tenancy. This means that either the tenant or owner can give a minimum of 3 months notice to end the lease. The tenant is keen to stay in occupation however a buyers does have the opportunity to give 3 months notice if they wish to occupy the premises. Current rental income is $44,629 pa plus the tenant then pays outgoings and GST on top of this figure.

This is a rare opportunity for an investor or owner occupier to purchase a quality modern industrial unit in a tightly held market.

Outgoings approximates are as follows:

Strata Levies: $1,125 per qtr
Water Rates: $14 per qtr
Council Rates: $240 per qtr

This is a fantastic new warehouse in a size range that is rarely available. One not to be missed.

Jason Glass
Glass Property
Jason Glass
Glass Property

Property Highlights

Property ID2017254740
Date Sold22 Oct 2021
Sold Price$1,050,000
Floor Area151 m²
Land AreaAsk Agent
Parking2 x Onsite parkings
Building TypePartial building
Category
Last updated  14 Sep 2021
Map for 8/23a Mars Rd Lane Cove NSW 2066
Jason Glass
Glass Property
Jason Glass
Glass Property

Property Highlights

Property ID2017254740
Date Sold22 Oct 2021
Sold Price$1,050,000
Floor Area151 m²
Land AreaAsk Agent
Parking2 x Onsite parkings
Building TypePartial building
Category
Last updated  14 Sep 2021
Suite 3.21 32 Delhi Road North Ryde NSW 2113
Jason Glass
Jason Glass
Glass Property

Jason Glass

Glass Property

0409 *** ***
0409 326 266

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