SOUTH COAST TROPHY PROPERTY RETURNING YIELD OF 9.41%
SOLD |
|
|
| Sales Price |
$7,500,000
|
| Property Type |
Industrial/Warehouse |
| Location |
South Nowra, NSW 2541 |
| Total Build Area |
10920 M2 |
| Total Land Area |
26130 M2 |
| Zoning |
4A General Industrial |
| Car Space |
100 |
| Outgoing |
TBA |
| Property ID |
172 |
Enquire Now Brochure
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Description
Erected on the site are 16 factory units which range from 36sqm to 1,375sqm. In addition, there are 17 storage units which range from 82sqm to 246sqm, the site is located near the Princess Highway.
- Some of the tenants occupy multiple units, leading total of 17 tenancy agreements.
- Various lease terms are in place between 1 and 5 years.
- The site provides drive around truck access and offers excellent truck maneuverability to all common areas.
- This site has been developed so that at least four (4) separate buildings could, subject to Council approval, be strata titled and sold off individually. For this purpose, each of the four buildings has been constructed with separate facilities, utilities metering, and the necessary fire ratings.
- The site is 96% leased and offers a flexible 4C Industrial Zoning.
Total Building Area: 10,920sqm (approx.)
Land Area: 26,130sqm (approx.)
For an Information Memorandum Package covering tenancy and return details of the site please contact one of the co-listed agents below:
Philip Tacca
Industrial Property Real Estate
0403 268 594