Net Income: $137,859pa Building Area: 1,802m2 (approx)
This big solid industrial building generates a strong and steady diversified cash flow and is located in the Hunter Regions most central industrial precinct.
The 4,357m2 land parcel has (2) industrial buildings, the largest of which faces Pendlebury Road and is divided into (2) tenancies with the smaller building benefiting from a large secure yard – located at the rear. The tenancies include:
Unit A – LDCT – a dry cleaning training company – Net rent: $52,774pa
This unit benefits from rear and side access with offices and amenities over two levels
Unit B – Hardy Industries Australia – supplies chemical formulations to the mining industry – Net rent: $65,000pa
This unit faces Pendlebury Road with front car park and rear loading and single level offices and amenities
Unit C – Mortoring Investment Pty Ltd – a car dismantler specialising in commodores – Net rent: $20,085pa
This unit is located at the rear with a large secure yard comprising of a basic shed and amenities
This is a basic solid industrial investment generating strong cash flows with tenants who have been in the property for some time. The owner needs to realise this asset and understands it will be a yield driven investment.
The Openn Negotiation Auction has commenced and the property can sell anytime between now and 27th September 2018 @ 6pm