BRAND NEW WAREHOUSE UNIT & OFFICE WITH SECURE INCOME
Unit 99/2 The Crescent, Kingsgrove
Price: Contact Agent

Property Size: 180m2

Availability: Sold

CPG are pleased to present to market for sale a brand new 98m²* warehouse unit and accompanying an 82m²* office suite located in the highly central and prestigious brand new ‘Kingsgrove Connect’ industrial development, only moments from the M5 and M8 motorway ramps, Kingsgrove and Beverley Hills Railway Stations in the highly sought after suburb Kingsgrove, a central location for greater Sydney which generates high interest from both buyers and tenants.

With occupation for the development only occurring in November 2023, the unit & office come with a new 3 year lease returning $57,600.00 pa + GST, a brand new building offered as a leased investment with depreciation benefits in the low risk strata warehouse asset category with the ability to occupy the unit at lease expiry (no option).

The new development is a state of the art industrial complex with large rigid vehicle access, container loading zones & wide driveways, immaculate finishes & design in each unit, now becoming a central business hub within the area with many notable professional businesses, gyms, café’s, a yoga studio and more, welcome to Kingsgrove connect business park!

KEY FEATURES:

– 180m²* on title
– 98m²* warehouse floorspace
– 82m²* mezzanine/office area
– 2 allocated car spaces
– 6.5m clearance in warehouse
– 1 x toilets, shower & modern kitchenette
– NBN, 3 phase power and motorised roller door
– Excellent natural light in office and pleasant view overlooking the leafy Crescent
– Secure gated complex with 24/7 remote access
– Rental income of $57,600.00 pa + GST
– Depreciation benefits of brand new building improving investment

Being the only leased warehouse unit on offer in the complex this is a unique opportunity, to register your interest and for further information please contact exclusive sales agents Ryan McMahon on 0429 228 460 or Ben Panayotopoulos on 0430 140 683.

*Approximate.