High Yielding Investment
SOLD
12 Burnett Road
Warnervale NSW 2259
Industrial
FOR SALE
2475m2
Modern industrial facility with high clearance warehouse and two level attached office and amenities.
The Property is located adjacent to a major Woolworths Distribution centre at Warnervale and has excellent access to the F3 Freeway. The tenant has been operating for over 25 years and provides a secure lease covenant.
· Site area 11,900sqm approx
· Gross Building Area 2,500sqm approx
· Current rental $522,416 approx p.a. net with fixed annual increases of 3.75%
· 10 yr lease to 30/9/16 + 10yr option
· Depreciation allowances available
The Property is located adjacent to a major Woolworths Distribution centre at Warnervale and has excellent access to the F3 Freeway. The tenant has been operating for over 25 years and provides a secure lease covenant.
· Site area 11,900sqm approx
· Gross Building Area 2,500sqm approx
· Current rental $522,416 approx p.a. net with fixed annual increases of 3.75%
· 10 yr lease to 30/9/16 + 10yr option
· Depreciation allowances available