» »
Owner Occupiers and Investors

E5/1 Campbell Parade, MANLY VALE NSW, 2093

Sold

Property Sold in E5/1 Campbell Parade, MANLY VALE NSW, 2093

Upstate

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

Listing ID:
11359260
Status:
Sold
Price:
SOLD CONTACT AGENT
Last Updated:
30/09/2019
Icon building

Property Type

Industrial/Warehouse
Icon square

Land Area

0 SQM
Icon size

Floor Area

73 SQM
Icon parking

Parking

2

Owner Occupiers and Investors

NET RETURN 4.64%

Beat the banks and inflation! You can earn clear $16,270 net per year. This investment is now available for savvy investors and or owner occupiers. Dubbed one of the most sort after warehouse blocks on the northern beaches. Your tenants enjoy an elevated north facing aspect that overlooks the complex. The current tenant has been in place since 2007 and have just taken up another lease option for a further 2 years. The current tenant wishes to stay longer than their current lease provides. This investment provides investors with a secure long term tenant, but also opens the property up for owner occupiers willing to receive the income and have the flexibility to occupy in 2 years' time, or extend the current tenants lease beyond 2 years.

FEATURES:
* Total area 73sqm
* 2 parking spaces
* 2 storerooms
* 1 Bathroom
* 4 Metre roller door access
* Loading Dock for trucks
* Elevated warehouse
* Popular Industrial Estate
* Close to shops/schools
* Current tenants been in place since 2007
* New lease option exercised November 2019
* Lease end date 13 November 2021
* Current tenant is keen to extend beyond their new 2-year option
* CPI Annual Reviews
* Water $716
* Council $1,280
* Strata $1,942
* Gross rent $20,208

Take advantage of investing in this highly sort after prime industrial estate or purchase with the view to use yourself in 2 years. This warehouse is in a popular industrial park & is a solid investment. With little supply of industrial space on the market, this opportunity won't last long for an investor or owner occupier.

Location: 'Manly Grove' is comprised of 86 industrial strata units split up into four separate blocks. Campbell Parade runs into a col-de-sac, located just off Condamine Street, providing access south to the city and north to the rest of the Northern Beaches.

**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


More properties from Upstate
For Sale & Lease
218 Harbord Road, BROOKVALE NSW, 2100

218 Harbord Road,...

Industrial/Warehouse
Leased
7&8/1-5 Kalinya Street, NEWPORT NSW, 2106

7&8/1-5 Kalinya S...

RetailOffices
For Lease
73 Winbourne Road, BROOKVALE NSW, 2100

73 Winbourne Road...

Industrial/WarehouseOffices
For Lease
16, B7/49 Frenchs Forest Road, FRENCHS FOREST NSW, 2086

16, B7/49 Frenchs...

Offices
Leased
2/1010 Pittwater Road, COLLAROY NSW, 2097

2/1010 Pittwater ...

Retail
Leased
74/23 Narabang Way, BELROSE NSW, 2085

74/23 Narabang Wa...

Offices
More properties from Manly Vale
For Lease
MANLY VALE NSW, 2093

MANLY VALE NSW, 2093

Offices
Leased
MANLY VALE NSW, 2093

MANLY VALE NSW, 2093

Industrial/Warehouse
Leased
8/2 Paton Place, MANLY VALE NSW, 2093

8/2 Paton Place, ...

Industrial/Warehouse
For Lease
11/226 Condamine Street, MANLY VALE NSW, 2093

11/226 Condamine ...

Offices
Leased
3/321 Condamine Street, MANLY VALE NSW, 2093

3/321 Condamine S...

RetailOffices
For Lease
MANLY VALE NSW, 2093

MANLY VALE NSW, 2093

Retail
Loading...