8/23a Mars Rd Lane Cove NSW 2066

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.