Secure 10 year lease to 2025 plus 5 year option to 2030.
CSR Limited, a major ASX listed company with $2.5 billion revenue (2017).
Smeaton Grange: servicing the booming South West Sydney region with massive local residential growth.
Key Sydney location with easy access to Hume Highway (Canberra, Melbourne, Illawarra) and Badgerys Creek.
Neighbouring tenants include Coles distribution centre, Australia Post, Hurford Timber and Boral.
Large 4,919 sqm corner land parcel with extensive hardstand.
IMPORTANT: 2 access points allowing B-double drive through.
Modern 2,605 sqm building compromising trade sale facility, showroom & offices.
Large high clearance clear span warehouse area with 8m internal clearance.
Tenant pays all outgoings (as per lease).
Valuable 3.5% annual rent increases (net income $460,659 in 2024).
Net income: $374,746 pa.
Auction 11am AEST Tuesday 8 May 2018
Doltone House Hyde Park, 181 Elizabeth Street, Sydney
For more details, please email agent