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Substantial Fully Leased Commercial Investment

2 Industrial Road, UNANDERRA NSW, 2526

Sold

Property Sold in 2 Industrial Road, UNANDERRA NSW, 2526

Burgess Rawson Sydney

Level 18, 15 Castlereagh Street, Sydney, NSW 2000

Listing ID:
11293283
Status:
Sold
Price:
Contact Agent
Last Updated:
10/09/2018
Icon building

Property Type

Industrial/Warehouse
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Land Area

3104 SQM
Icon size

Floor Area

1708 SQM
Icon parking

Parking

N/A

Substantial Fully Leased Commercial Investment

Fully leased modern freehold investment
Income security with diverse tenancy mix
Major local businesses incl. Star Track, Bluescope, One Steel & TNT Express
Unanderra: established industrial warehousing and distribution hub for the Illawarra region
Wollongong: established city undergoing rapid growth with current population 212,630, forecast to increase by over 19% by 2036
Strategic position near M1 Princes Motorway linking Sydney & Wollongong
Under 10 minutes to Port Kembla, an important international gateway
Generous 3,104 sqm corner site with excellent access and 30 car spaces
Substantial 1,708 sqm modern office/warehouse facility
High clearance clear span warehouse space & 5 tonne gantry crane
Guaranteed income growth, fixed annual rental increases
Significant depreciation benefits
Net Income: $265,264 pa + GST

Auction 11am Tuesday 8 May 2018
Doltone House Hyde Park, 181 Elizabeth Street, Sydney

[Agent interest declared by WHK Commercial]

For more details, please email agent

Burgess Rawson Sydney

Level 18, 15 Castlereagh Street, Sydney, NSW 2000


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