Mittagong

2/28 Priestley Street

Sold SOLD CONTACT AGENT
630 sqms

Key details

Property Type Industrial
Land Area 862 SQM

Highlights

Investment Opportunity with Significant Upside

Take advantage of this great opportunity to secure yourself a tenanted investment with significant upside.
Take advantage of this great opportunity to secure yourself a tenanted investment with significant upside.

FEATURES:
* 3 Year Lease, Commencement 24th Feb 2020
* Gross Rent: Year 1 $46,800 + GST, Year 2 $52,000 + GST, Year 3 $53,560 + GST
* 630sqm High Clearance Warehouse Space & 862sqm on Title
* Unit 3 Next Door (580sqm) sold for $1,237,500 Vacant Possession in December 2017
* Multiple Roller Doors and 3 Phase Power Connected
* 4 parking spaces in Carpark off Priestly plus Good Street Parking
* Additional Hardstand Fronting Cavendish
* Air-conditioned Office/Reception
* Fantastic Investment Opportunity

Tenant: Reimo Australia
Strata Levies: $9,352 pa
Rates: $2,222.20 pa
Water: 100% Paid for by the tenant.

LOCATION:
Mittagong is a town located in the Southern Highlands of New South Wales. The town acts as the gateway to the southern highlands when coming from Sydney making it a perfect location for warehousing and distribution among other industries.

Call Aleks Lukich on 0419 011 211 today for your inspection.

**All prices are per annum and quoted areas/measurements are approximations only**

Contact the agent

Aleks Lukich

Commercial Sales and Leasing Agent L.R.E.A

0419 011 211

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