Prestons, NSW 2170
 Prestons, NSW 2170
 Prestons, NSW 2170
 Prestons, NSW 2170
 Prestons, NSW 2170
 Prestons, NSW 2170
 Prestons, NSW 2170
 Prestons, NSW 2170
 Prestons, NSW 2170
 Prestons, NSW 2170
 Prestons, NSW 2170
 Prestons, NSW 2170

Prestons, NSW

Sold on 26 Nov 2014

Property Type Industrial & Logistics
Asking Price Sold
Floor Area 6,533 m²
Land Area 14,070 m²

A-Grade Industrial Investment - Asx Listed Tenant

Located within the sought after Prestons industrial precinct providing quick access to the M7 Motorway and The M5 Motorway junction.

Freestanding office/warehouse providing access via four (4) container sized roller shutter doors, all of which are covered via awning ideal for all weather loading/unloading.

The clear span warehouse offers internal clearances ranging from 9m - 10m (approx.) and is serviced by an ESFR overhead sprinkler system.

Key commercial terms of the investment include;

* 7 + 5 + 3 year lease
* Commencing 1 September 2014
* Net income - $685,965 pa ex GST
* Total lettable area circa - 6,533m2
* ASX Listed covenant - Generated over $291 million of sales revenue in the 2013 financial year
* 3% rental increases annually
* Substantial depreciation allowances

For an information memorandum and due-diligence package, please contact the sole exclusive agent Marcel Elias of LJ Hooker Commercial.

Expressions of Interest closing September 18th 2014 at 4:00pm