Freestanding Industrial Investment. Leased to October 2020 Plus Option. Leased to Specialised Wholesale & Plastics - 25 yrs in Newcastle. Tenant has parent co guarantee by multinational engineering giant Inenco Group - 160 locations in Australia and overseas. Functional showroom, office and warehouse facility with on-site car parking. Large site of 3,984 sqm with future redevelopment opportunities. Inner city Newcastle location, 5 kms from CBD. Easily managed single tenant investment. Tenant pays all outgoings as per lease. Attractive 3.9% annual rent increases. Net Income: $199,480 pa + GST (as at June 2015).
Auction 2pm AEDT Tuesday 24 February 50 Margaret Str...
INDUSTRIAL INVESTMENT! * 419m2 (approx) Industrial warehouse with 4 onsite car parks * Solid brick clear span building on a 468m2 (approx) lot * Zoned IN1 Light Industrial Newcastle Council LEP * Reception, open plan office, lunch room and amenities * 56.4m2(approx) mezzanine area and 4m automatic roller door * Central location off Griffiths Road * 5 x 5 year lease commencing July 2010- $ 31,600 net + GST
Auction - 11.00am on site 31st of October 2013 (if not sold prior)
Commanding Investment Leased to a National Business The property is situated on a prominent corner within the core retail and industrial area of Broadmeadow. Proven operator AHF Carrier Australia are the sole tenant and have been in occupation since 2009.
The property features a modern showroom / retail space, as well as first floor office and administration space. A large clearspan warehouse also forms part of the property whilst also having the convenience of six on-site car spaces.
- Leased until 30 September 2019
- Fully leased net income $88,043.71 pa
- National covenant AHI Carrier (Aust) Pty Ltd
- Fixed 3.5% annual increases
Secure Your Future Fully fenced and gated hard stand industrial lot with services and power connected. Start small or store large, the flexibility will save you time. Current portable building not included.
RENOVATE OR REDEVELOP * Single storey brick & iron building suitable for shop or office use * Site area of 253m2 (approx) * Zoned - IN(2) - Light Industrial * Ideal opportunity for an owner/ occupier or investor to refurbish existing premises into primarily office space or simply knock down and build new
Asking Price - $359,000 (plus GST) O.N.O.
Council Rates - $2,561 per annum (approx) Water Rates - $690 per annum (approx)