4/4 Gladstone Road
castle hill NSW 2154

LEASED INVESTMENT | QUALITY CORNER LOCATION | ASX LISTED SUBSIDIARY TENANT

A fantastic opportunity to secure this strata warehouse & office.

This complex offers excellent truck access and egress and is centrally located on popular Gladstone Road in the middle of Castle Hill Trading Zone, this complex has easy access to Windsor Rd, the M2 and M7 Motorways.

The property provides a combination of ground floor storage/ processing or technical area, first floor fitted offices and rooms, plus a high clearance loading area.

The corner position offers excellent natural light to the office area and provides an identifiable location making the premises easy to locate for visitors. The property comes with 7 car spaces on the title.

The property is secured with a new 3 year lease commencing July 2022 with a subsidiary company of ASX listed Hub24, specialising in corporate compliance documentation and distribution.

The property has been occupied by this business (now owned by Hub 24) since approximately 1985.

Lease Particulars:

* Rental $140,607.98 pa net plus GST

* Tenant pays 100% of outgoings

* Increases annually to 3% Fixed

* 3 year lease plus 2 year option

* Lease commencement 1st July 22

Property Size:

-263 sq m Warehouse / Technical

-282 sq m Office & Mezzanine

-545 sq m TOTAL + 7 cars

Property Outgoings per quarter

$1860 Strata

$452 Council

$147 Water

Expressions of Interest close 4th August 2022 4pm.

All descriptions, sizes pricing and references contained in this advertisement are given in good faith and are believed to be correct, but any intending purchaser should not rely on them as statements or representations of fact but must satisfy themselves within other formal documentation and where necessary seek advice.