Property Details :
An ideal opportunity to secure a significant freehold industrial property in a tightly held location with a secure rental income from an established business.
* Level industrial site with a large frontage of 48.77 metres approx.
* 1,274m² approx. clearspan factory with 5.5 metre minimum clearance.
* Adjoining 1,056m² approx. awning with high 7.6m clearance .
* 110m² approx. freestanding brick office and amenities building towards the front of the property.
* Massive upgraded power supply with 2 substations on site and 2,000+ amps (subject to confirmation)
* Sealed carpark forecourt which provides ample unloading area with a 95m² undercover parking area as well.
* Zoned IN2 industrial.
* Located next to Bankstown Airport and minutes to Milperra Road and the M5 Motorway.
* Occupied by an established glass processing business for over 20 years.
* 5 + 5 year lease.
* $260,000 P.A. Net + GST in the first year.
* Annual percentage increases.
* Tenant pays outgoings.
* Security and rental guarantees provided.
Open for Inspection: Tuesdays 12:30pm – 1:00pm & Fridays 3:00pm – 3:30pm
Auction: 17th February 2022 6pm at 3/56 Kitchener Parade, Bankstown
Contact exclusive agent:
0490 083 759