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SECURELY LEASED TO HARDWARE GIANT - WHOLLY OWNED SUBSIDIA...

256 Boorowa Street, YOUNG NSW, 2594

Sold

Property Sold in 256 Boorowa Street, YOUNG NSW, 2594

CBRE North Sydney

Suite 1401, Level 14 100 Pacific Highway, North Sydney, NSW 2060

  • Profile placeholder
  • Edwina Mcleay
Listing ID:
11245257
Status:
Sold
Last Updated:
10/10/2019
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Property Type

Retail/Showrooms/Bulky Goods/Land/Development
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Land Area

5481 SQM
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Floor Area

2471 SQM
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Parking

N/A

SECURELY LEASED TO HARDWARE GIANT - WHOLLY OWNED SUBSIDIARY OF METCASH

CBRE is delighted to offer MITRE 10 Young to the open market. The property offers an exciting investment opportunity benefiting from the following:

- Net Income: $163,890* + GST
- New 3 yr lease to 2020 with options to 2026
- CPI rent reviews - tenant pays 100% outgoings
- NLA: 2,471* sqm - well maintained building
- Large site: 5,481* sqm - dual street access - B4 Mixed Use
- MITRE 10: Australia's largest independent home improvement & hardware wholesaler with a network of over 400 stores owned by Metcash Limited (ASX Top 100 Company)
- Positioned on Young's main road opposite Woolworth's

*Approximate

AUCTION: Tuesday, 27 June 2017 at 10:30am.

AUCTION VENUE: Mezzanine Level, 50 Margaret Street, Sydney NSW 2000.

For further information please contact the exclusive agents at CBRE.

For more details, please email agent

CBRE North Sydney

Suite 1401, Level 14 100 Pacific Highway, North Sydney, NSW 2060

  • Profile placeholder
  • Edwina Mcleay

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