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2/28 Priestley Street, MITTAGONG NSW, 2575

Sold
https://dduaaywsz-res-4.cloudinary.com/image/upload/v1603164531/ezk5eej3flmavj199awt.jpg

Property Sold in 2/28 Priestley Street, MITTAGONG NSW, 2575

Upstate

Suite 15, Level 1, 888 Pittwater Road, , Dee Why, NSW 2099

Listing ID:
11385468
Status:
Sold
Last Updated:
20/10/2020
Price:
SOLD CONTACT AGENT
Icon building

Property Type

Industrial/Warehouse
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Land Area

862 SQM
Icon size

Floor Area

630 SQM
Icon parking

Parking

4

Investment Opportunity with Significant Upside

Take advantage of this great opportunity to secure yourself a tenanted investment with significant upside.

FEATURES:
* 3 Year Lease, Commencement 24th Feb 2020
* Gross Rent: Year 1 $46,800 + GST, Year 2 $52,000 + GST, Year 3 $53,560 + GST
* 630sqm High Clearance Warehouse Space & 862sqm on Title
* Unit 3 Next Door (580sqm) sold for $1,237,500 Vacant Possession in December 2017
* Multiple Roller Doors and 3 Phase Power Connected
* 4 parking spaces in Carpark off Priestly plus Good Street Parking
* Additional Hardstand Fronting Cavendish
* Air-conditioned Office/Reception
* Fantastic Investment Opportunity

Tenant: Reimo Australia
Strata Levies: $9,352 pa
Rates: $2,222.20 pa
Water: 100% Paid for by the tenant.

LOCATION:
Mittagong is a town located in the Southern Highlands of New South Wales. The town acts as the gateway to the southern highlands when coming from Sydney making it a perfect location for warehousing and distribution among other industries.

Call Aleks Lukich on 0419 011 211 today for your inspection.

**All prices are per annum and quoted areas/measurements are approximations only**

For more details, please email agent

Upstate

Suite 15, Level 1, 888 Pittwater Road, , Dee Why, NSW 2099


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