Manly Vale
E5/1 Campbell Parade
Sold
SOLD CONTACT AGENT
73 sqms
Key details
Property Type
Industrial
Highlights
Owner Occupiers and Investors
NET RETURN 4.64%
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**
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**
Features
Car Parking - Surface
Close to Schools
Close to Shops
Close to Transport
High Clearance
Available documents
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Contact the agent
Manly Vale Neighbourhood Profile
With the ever-growing popularity of the seaside towns along Sydney’s Northern Beaches, Manly Vale offers a family-friendly alternative that enjoys all the same benefits on a more accessible scale. Minutes from the famous Manly and Curl Curl beaches, Warringah Shopping Mall and just 20 minutes from Sydney’s CBD, it’s hard to believe that this quiet coastal gem is still well and truly one of the Northern Beaches’ best-kept secrets.
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the most favourable sale price (we also know the best local surf breaks, if you’re interested).
