ASTUTE FREEHOLD INDUSTRIAL INVESTMENT - 7 YEAR LEASE

SOLD

23 Awaba Street

Lisarow NSW 2250

Industrial

FOR SALE

2845m2

An outstanding opportunity to purchase a prized freehold industrial property on the highly sought after Central Coast. Rapidly expanding population beneficiary of a huge infrastructure project program, the Central Coast has continued to expand in a very positive direction.

The capital injection from State & Federal level is unprecedented with major projects well underway or already completed. The $378 million Gosford Hospital redevelopment, construction of a new ATO building, construction of stage 1 of St Hilliers waterfront development including the new State Finance Building, West Gosford Pacific Highway upgrade, Pacific Highway Ourimbah upgrade and the 2 stages of upgrades to the M1 from Somersby to Warnervale. All significant projects for the Central Coast are having a very positive effect on residential development with a number of prestigious developments coming out of the ground and achieving successful 'off the plan sales'.

Completion of the NorthConnex is inching closer everyday bringing the Central Coast within striking distance of the Sydney Basin & Greater Western Suburbs.

Astute investors are following the money and investing on the Central Coast with the confidence that this growing region will continue to prosper on the back of new infrastructure, expanding residential development and a growing population.

23 Awaba Street will be an investment that is highly sought after by investors looking for a secure, strong tenure whilst still achieving a desirable return.

* New 7 Year Lease
* 5 + 5 Year Options
* Industrial Land - 7196m2
* IN1 Industrial Zoning
* 2,845m2 (approx) across 2 buildings
* $272,950 per annum net + GST
* 3% Annual Increases
* Excellent split of warehouse and office
* Full drive around facility
* 4 x Raised Loading Docks of the main warehouse
* Under awning dock at the rear of both warehouses to cater for all weather loading / unloading

All inspections are strictly by appointment.
For Sale by Public Auction
5th June 2018
60 Margaret Street, Sydney
Commencing 10.00 am