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New 10 Yr Lease to ASX Tenant

4&5/8 Wharf Road, GLADESVILLE NSW, 2111

For Sale

Property for Sale in 4&5/8 Wharf Road, GLADESVILLE NSW, 2111

Burgess Rawson (ACT) Pty Ltd

Suite 152, Level 1, 41 Eastlake Parade, Kingston, ACT 2604

Listing ID:
11275764
Status:
Active
For:
Sale
Price:
$4,600,000
Last Updated:
16/05/2019
Icon building

Property Type

Retail
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Land Area

N/A
Icon size

Floor Area

484 SQM
Icon parking

Parking

N/A

New 10 Yr Lease to ASX Tenant

Brand new 10 year lease from 2 September 2017 to 1 September 2027, plus 2 x 5 year options to 2037.
Fully leased to Beacon Lighting: ASX listed since 2014 and Australia's premium lighting specialist.
Ground floor retail premises in a new mixed-use development, built by one of Australia's most exceptional developers, Hindmarsh.
Gateway position on the corner of Wharf Road and Victoria Road, with an estimated 50,700+ cars passing daily.
Tenant occupies a state of the art 484 sqm showroom, with prominent street frontage to Victoria Road.
Only 10 km to Sydney's CBD and adjacent to Gladesville's retail and commercial precinct.
6 x basement car spaces also rented to the tenant.
Guaranteed rental growth with 3% annual rent increases.
Net income: $300,721 pa + GST.

For more details, please email agent

Burgess Rawson (ACT) Pty Ltd

Suite 152, Level 1, 41 Eastlake Parade, Kingston, ACT 2604


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