12 Clearview Place, BROOKVALE, 2100, New South Wales

  • 1891sqm
  • 25
25435305.full

Subject: 12 Clearview Place, BROOKVALE, 2100, New South Wales

Sold

Sold

Freehold Industrial Investment - 8% Net Return

Property ID: 4023946

Building area: 1,891 sqm; land area: 1,903 sqm. Investors take note – this is a bricks and mortar food preparation facility that comes with a blue-chip tenant on a long-term lease.

Brookvale is one of the fastest growing industrial precincts on Sydney’s Northern Beaches, and now investors can buy a stake in the suburb’s exponential growth. This 3-story, freestanding building is a fully-operational and custom food preparation facility, the ground and first floors are entirely leased by KGF, which has recently signed a new four-year tenancy agreement.

The building offers four, fully operational commercial kitchens, complete with substantial cool rooms, freezers, snap freezer, and general food approved facilities. There are multiple offices, including a smaller space on the ground floor, as well as a welcoming foyer to greet guests and clients of KGF.

In addition to the commercial features, the entire top floor of the building comprises an expansive two-bedroom apartment. Currently occupied by a long-term tenant, the bright, 126 sqm apartment is airconditioned and comes with two generous bedrooms, open plan living and kitchen, a recently renovated bathroom and an enormous terrace with a leafy outlook.

Features:



  • 3-story building; 2-floors for commercial kitchen operations

  • Expansive 126 sqm top floor apartment

  • Industrial space secured by successful food preparation firm, but could easily be divided back into four tenancies

  • Up to 25 undercover car spaces, secured by automatic roller doors

  • Loading dock secured by automatic industrial roller doors

  • Excellent return – 8% net

  • Total Net annual income – $476,199 excluding GST

  • For Sale: $5,950,000

    For more information or to arrange an inspection contact Vincent West 0403 444 000.

    LOCATION: A battle-ax block situated in Clearview Place, a quiet cul-de-sac road located just off busy Old Pittwater Road and literally a few minutes walk from Westfield Warringah Mall and close to principal arterial roads, Pittwater and Warringah Roads. Brookvale is the main commercial/industrial precinct in Sydney’s Northern Beaches and is well serviced by main roads, public transport, banks, trade suppliers, professionals and retailers.

    All areas/measurements are approximations *

Parking Bays25
Building / Floor Area1,891 sqm
Lease End30 November 2021
Outgoings$87,183.00 per annum
ZoningIN1 General Industrial
TenantedYes
232.profile
Commercial Northern Beaches

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