Dual income industrial investment in blue chip location

An outstanding industrial investment opportunity with the property providing a level corner allotment of 3,446sqm*.

Incorporating two detached concrete panel buildings with secured fenced yards with a combined lettable area of 1,932sqm*.

Metal Manufactures Pty Limited occupy one building on a new 5 + 5 + 5 year lease commenced 1 October 2021, with M&H Air Conditioning on a new 3 + 3 year lease which commenced 1 September 2021.

Combined passing income $235,604* p.a. net.

The property provides an excellent opportunity to secure a fully leased asset with a diverse income and staggered lease profile. The property is going to Public Auction on Thursday 18 November at 10.30am Venue: 18 Honeysuckle Drive Newcastle

*Approximate

Agent Headshot
Tim Woolf
Director

Industrial
Newcastle

Contact Expert