Hardy's 1 have been appointed Exclusive Agents for the sale by Public Auction of 6/7 Jubilee Avenue Warriewood. A modern substantial office warehouse building offering a secure investment with guaranteed income growth. Held in an exclusive Community Title Scheme of 10 units only. Located in the Warriewood industrial precinct in close proximity to Mona Vale Road. The property offers the distinct advantage of ownership of the site area with community title owned common areas.
A quality industrial warehouse investment of this nature is rarely available to the market.
Features include:
* A modern industrial building owned in Community Title
* Centrally located in the Warriewood industrial precinct
* Counter levered mezzanine office with reverse cycle air-conditioning
* Floor to ceiling glass windows allowing good natural light
* Research and design studio on the ground level
* Hi-Bay warehouse with oversized roller-shutter access
* Large mezzanine storage level and solar paneling added by tenant
* Dual carriage access driveway for easy vehicle movement
* Long term tenant involved in cabinetry manufacture
* 5 year lease term commencing on the 1st of April 2022
* Current Rent $231,885 + GST Gross per annum (approx.)
* Current Outgoings estimated at $16,100 per annum (approx.)
* Annual reviews fixed to 3%
* Building Area: 1083 sqm (approx.)
* Site Area: 1,152 sqm (approx.)
* Zoned Light Industrial IN2.
Auction: 10.30 am on Tuesday 22nd November 2022
Venue: AuctionWorks City Rooms
