4/814-822 Old Illawarra Rd Menai, 2234 NSW
Tenanted Long Term Industrial/Bulky Goods
Long term Industrial/Bulky Goods showroom Investment, with a long term Tenancy in place. Old Illawarra Rd is located with very close proximity to Bangor By Pass and the Alfords Point major road to the nearby F5.
High Clearance industrial Strata Unit, Building area of approx 238 sq meters, includes an upstairs mezzanine Ample on site customer parking Currently leased to Menai Tyre Power. Proposed new lease from 1st March 2018 to 28th Feb 2023.+5 Year Option Currently returns $55,735 PA excl of GST (increases 1st March 2018) All outgoings are included in the lease figure The current tenant has been there in excess of 18 Years.
Please contact Frank Maloney on 9543 211 or 0418 258 604 for more information.
Sold $828,000
Inspect
Inspection of this property is available strictly by arrangement only.
Contact
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Frank Maloney
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Stewart Maloney