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Prime Industrial Investment – Global Auto Parts Manufactu...

3-7 Say Street, WAGGA WAGGA NSW, 2650

Sold

Property Sold in 3-7 Say Street, WAGGA WAGGA NSW, 2650

Burgess Rawson & Associates Pty Ltd

Level 7, 140 Bourke Street, Melbourne, VIC 3000

Listing ID:
11369093
Status:
Sold
Price:
Price on request
Last Updated:
19/12/2019
Icon building

Property Type

Industrial/Warehouse/Offices/Other
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Land Area

12759 SQM
Icon size

Floor Area

5500 SQM
Icon parking

Parking

N/A

Prime Industrial Investment – Global Auto Parts Manufacturer – Circa 8.5% Yield

+ 10 year Net lease to 2023 + 10 year option to 2033
+ Dayco: US based, 100+ year history, in 22 countries, a world leading engine components and drive systems supplier for the automotive, industrial and aftermarket industries
+ Dayco Australia: products manufactured for export and distribution via outlets including Bursons, Repco, Autobarn etc
+ Minimum 3% annual rent increases
+ Tenant pays all usual outgoings including land tax
+ Significant 12,759 sqm landholding
+ Total building area of 5,500 sqm incorporating high clearance, clear span warehousing and offices
+ Three buildings on three titles providing future configuration flexibility
+ Wagga Wagga: Strategic national distribution and logistics destination and booming regional city, $3.7b gross regional product
+ Net rental: $279,683 pa

Auction 11am AEDT Tuesday 10 December
Doltone House Hyde Park, Sydney, NSW

For more details, please email agent

Burgess Rawson & Associates Pty Ltd

Level 7, 140 Bourke Street, Melbourne, VIC 3000


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