Tenanted! Freehold! 7.2% net pa!

SOLD

8 Hereford Street

Berkeley Vale NSW 2261

Industrial

FOR SALE

1000m2

This is it! The investment you have been searching for...
Berkeley Vale industrial freehold investment with global tenant & long term lease in place.

Featuring a modern high clearance concrete tilt panel warehouse & multiple access points suiting a wide range of users. Currently owner occupied by HMA Group, this global company has been in the property since 2001. The company intends to stay well into the future offering a new long term lease with options at market rent. The rear yard area has a long term license with options in place to a separate company.

Leased premises: Warehouse & offices
Lessee: HMA Group
Rent: $118,950 net pa + GST
Lease date: Date of settlement
Lease: Five (5) years
Option: Five (5) years x Five (5) years

Licensed premises: Rear yard area
Licensee: SB & LE Allen Holdings Pty Ltd
Rent: $61,050 net pa + GST (current)
License date: 10 August 2015
License: Five (5) years
Option: Five (5) years x Five (5) years

Property Features:
- Freehold title.
- Global tenant in place on long lease.
- Concrete tilt panel warehouse with high clearance
- Multiple access points to versatile warehouse.
- HMA Group repair & maintain the property.
- 5 tonne crane mobile from each end of warehouse.
- Onsite parking approx 45 cars.
- Solar power.
- Close proximity to community services & residential catchments.

If you would like a detailed information memorandum or to arrange an inspection, please call Ben Purdue 0450 719 600 today!