SOLD BY MATTHEW MCHARDY – FULLY LEASED – OVER 5% NET RETURN EXPECTED
5/11 Davies Road, PADSTOW
Price: AUCTION 30TH SEPTEMBER 6PM
Property Size: 303m2
Property Type: Industrial/Warehouse
Parking: 3
Zoning: IN2: Light Industrial
* Ultra modern warehouse unit with prime location on the M5 corridor.
* Wide driveways make semi trailer access a breeze.
* Two entrance/exit points to create perfect traffic flow.
* This unit is of concrete panel construction with flat driveways and container height roller shutter.
* High quality air conditioned office on the mezzanine.
* Fully leased to well established food distribution company currently paying $59,740.00 P.A. Net + GST.
* Tenant pays all outgoings and rent due to increase 21st December 2020 to $61,532.20 P.A. Net + GST.
FINAL OPEN FOR INSPECTION THIS TUESDAY 12:00 – 12:30pm
Auction this Wednesday: 30th September 2020 6pm at 3/56 Kitchener Parade, Bankstown
Contact exclusive agent for more information
Matthew McHardy
0450 440 799
matthewm@commercial.net.au