SOLD $2,725,000 By Simon Russo

INDUSTRIAL INVESTMENT ~ A GRADE TENANT~ FUTURE GROWTH PRECINCT

Excellent opportunity to acquire this prime property offering excellent exposure and signage to Showground Road, Castle Hill.
This modern looking complex has excellent truck access suitable for both 20 & 40-foot containers.

The development is shared with only 10 units, with mostly owners occupiers. This fantastic property is currently leased to a global brand specialising in Electrical components, Testing and Calibration.
The tenant has completed an extensive internal fit-out including large testing labourites which includes high power supply. This property is well located within close proximity to M2 & M7 motor ways, as well as Showground Metro and major shopping centre, Castle Towers.

Property Features Include:

•Close proximity to Showground Metro (approx. 800 metres)
•Modern first floor office area offering excellent natural light
•Wide high clearance roller door, with internal access of approx. 6.5 metres
•Ample onsite parking with 14 allocated spaces on title
•Corner unit, offering great street appeal
•Male/ Female amenities and kitchenette on each level
•Ground floor council approved air conditioned laboratory areas

Size Breakup

Office 205 sq m
Warehouse 527 sq m
Total 732 sq m

Investments details:
•$147,709 PA net ...


CONTACT

Simon Russo
Director - Commercial Sales and Leasing

simon@hillscentral.com.au
0414 678 632

... + GST (tenant pays outgoings)
•Lease expiry July 2025
•Increases: 3.5% annual increases
•Security: 3 months rental bond

Expressions of Interest: Closing 21st of April 2021
For an Information Memorandum, please contact Simon Russo on 0414 678 632.

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 entered into for the correctness of each item, and where necessary seek advice. No third party supplier or their agents has any authority to make or give any representations or warranty in relation to this property.