Menai 4/814-822 Old Illawarra Rd
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$828,000
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Tenanted Long Term Industrial/Bulky Goods
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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.
Property Information
- Floor area approx 240sqm
Local Information Menai
Education
Nearest Government Schools
- Menai Public School
- Bangor Public School
- Menai High School
- Tharawal Public School
- Lucas Heights Community School
- Alfords Point Public School
Nearest Private Schools
- Holy Family Catholic Primary School
- Aquinas Catholic College
- Inaburra School
- Shire Christian School
- St John Bosco College
- St Patrick's College Sutherland
Local Amenities
Sport and Recreation
- Billa Road Oval
- Kingswood Road Oval
- Menai Oval
- Akuna Avenue Oval
Parks
- Len Waters Park
- Australia Road Bushland Reserve
- Kodala Way Reserve
- Loftus Reserve
Services
- Sutherland Post Office