18469912.full
 
Price Guide Sold
Commercial Northern Beaches 9939 6788
 
 
Auction Thursday 6:00 pm
December 7
 
Agent Paul Cunningham
0413 161 661
230 sqm 4 Car Spaces

CROMER

This property is located in a small exclusive strata complete of 12 warehouses built in 1991 on 169 South Creek Road. The building comprises of an upper and lower level. Number 3 been situated in the north top left hand corner of the complex providing easy access.


This 3.2 metre high clearance warehouse comprises of 230sqm of internal warehouse with 4 car spaces, 3 of which are under cover. The property would suit two types of buyers:


1) The savvy investor. 5.6% return. The property can be sold with a sold 3 year lease and 3% annual reviews. Ideal for an investor looking to lock in 3 years of capital growth while generating a strong return & annual income with an additional 3% review each year.

2) The owner occupier. Someone who needs a warehouse straight away for their business in a IN1 location, 3 phase power, centrally located, easy access and plenty of room with 230sqm of warehouse space.

Opportunities like this don’t come up very often, so I urge you to review this opportunity and inspect it today!


FEATURES:



  • Total 230sqm of internal warehouse including 13sqm of office space

  • 4 cars spaces, 3 of which are under cover

  • Prime position situated in the north east corner of the complex

  • Perfect for owner occupier or investors total net income of $43,640

  • 5.6% return

  • Strong secure tenancy with solid income and attractive 3 year lease term and 3% annual reviews

  • A guaranteed rental return and commercial capital growth for the next 3 years if you are investing

  • Kitchenette, shower and toilet

  • Air conditioned factory floor

  • 3 Phase Power 200 AMPS per phase

  • Insulated workshop

  • Loads of natural Light

  • 20 foot container access

  • Above office storage

  • Ideal for business which requires a small office, with loads of room for warehousing raking or fabrication work

  • Built in 1991 this is a professionally managed complex of 12 boutique warehouses

  • Greater work/life balance with easy access to beaches/leisure activities

  • Positioned in the highly sought after commercial and industrial precinct

  • Excellent transport links close by with services to Manly Wharf and Sydney CBD

  • FOR SALE $780,000

    For more information, or to arrange an inspection, please call Paul Cunningham 0413 161 661.

    All rentals are per annum and quoted areas/measurements are approximations only

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