Cromer
Sold
$780,000
230 sqms
Key details
Property Type
Industrial
Highlights
Outstanding Investment for Owner Occupier or Investor
This property is located in a small exclusive strata complete of 12 warehouses built in 1991 on 169 South Creek Road. The building comprises of an upper and lower level. Number 3 been situated in the north top left hand corner of the complex providing easy access.
This property is located in a small exclusive strata complete of 12 warehouses built in 1991 on 169 South Creek Road. The building comprises of an upper and lower level. Number 3 been situated in the north top left hand corner of the complex providing easy access.
This 3.2 metre high clearance warehouse comprises of 230sqm of internal warehouse with 4 car spaces, 3 of which are under cover. The property would suit two types of buyers:
1) The savvy investor. 5.6% return. The property can be sold with a sold 3 year lease and 3% annual reviews. Ideal for an investor looking to lock in 3 years of capital growth while generating a strong return & annual income with an additional 3% review each year.
2) The owner occupier. Someone who needs a warehouse straight away for their business in a IN1 location, 3 phase power, centrally located, easy access and plenty of room with 230sqm of warehouse space.
Opportunities like this don't come up very often, so I urge you to review this opportunity and inspect it today!
FEATURES:
* Total 230sqm of internal warehouse including 13sqm of office space
* 4 cars spaces, 3 of which are under cover
* Prime position situated in the north east corner of the complex
* Perfect for owner occupier or investors total net income of $43,640
* 5.6% return
* Strong secure tenancy with solid income and attractive 3 year lease term and 3% annual reviews
* A guaranteed rental return and commercial capital growth for the next 3 years if you are investing
* Kitchenette, shower and toilet
* Air conditioned factory floor
* 3 Phase Power 200 AMPS per phase
* Insulated workshop
* Loads of natural Light
* 20 foot container access
* Above office storage
* Ideal for business which requires a small office, with loads of room for warehousing raking or fabrication work
* Built in 1991 this is a professionally managed complex of 12 boutique warehouses
* Greater work/life balance with easy access to beaches/leisure activities
* Positioned in the highly sought after commercial and industrial precinct
* Excellent transport links close by with services to Manly Wharf and Sydney CBD
* FOR SALE $780,000
For more information, or to arrange an inspection, please call Paul Cunningham 0413 161 661.
**All rentals are per annum and quoted areas/measurements are approximations only**
This 3.2 metre high clearance warehouse comprises of 230sqm of internal warehouse with 4 car spaces, 3 of which are under cover. The property would suit two types of buyers:
1) The savvy investor. 5.6% return. The property can be sold with a sold 3 year lease and 3% annual reviews. Ideal for an investor looking to lock in 3 years of capital growth while generating a strong return & annual income with an additional 3% review each year.
2) The owner occupier. Someone who needs a warehouse straight away for their business in a IN1 location, 3 phase power, centrally located, easy access and plenty of room with 230sqm of warehouse space.
Opportunities like this don't come up very often, so I urge you to review this opportunity and inspect it today!
FEATURES:
* Total 230sqm of internal warehouse including 13sqm of office space
* 4 cars spaces, 3 of which are under cover
* Prime position situated in the north east corner of the complex
* Perfect for owner occupier or investors total net income of $43,640
* 5.6% return
* Strong secure tenancy with solid income and attractive 3 year lease term and 3% annual reviews
* A guaranteed rental return and commercial capital growth for the next 3 years if you are investing
* Kitchenette, shower and toilet
* Air conditioned factory floor
* 3 Phase Power 200 AMPS per phase
* Insulated workshop
* Loads of natural Light
* 20 foot container access
* Above office storage
* Ideal for business which requires a small office, with loads of room for warehousing raking or fabrication work
* Built in 1991 this is a professionally managed complex of 12 boutique warehouses
* Greater work/life balance with easy access to beaches/leisure activities
* Positioned in the highly sought after commercial and industrial precinct
* Excellent transport links close by with services to Manly Wharf and Sydney CBD
* FOR SALE $780,000
For more information, or to arrange an inspection, please call Paul Cunningham 0413 161 661.
**All rentals are per annum and quoted areas/measurements are approximations only**
Contact the agent
Cromer Neighbourhood Profile
Surrounded by the stunning Narrabeen Lagoon on one side and endless parklands on the other, Cromer strikes the perfect balance between nature, sporting prowess and easy city access. A true up and comer amongst the Northern Beaches suburbs, and home to the Manly United Football Club, Cromer is just a moment away from Dee Why and Manly beaches, and just 20km from Sydney’s CBD.
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