BRILLIANT TENANT, LONG TERM LEASE & QUALITY FREEHOLD!

TO BE AUCTION ON 25TH AUGUST 2022

14 Mildon Road

Tuggerah NSW 2259

Industrial

FOR SALE

1388m2

This exceptional industrial freehold property is located in the heart of Tuggerah Industrial Precinct and within minutes of the Sydney to Newcastle M1 Motorway, Westfield Shopping Centre, Tuggerah Super Centre, plus the Tuggerah Railway Station.

Excellent, long term benefits that will ensure this outstanding investment is one for your portfolio, include:
- Long initial term of 5 years plus options
- 28th September 2021 to 27th September 2026
- Two (2) x five (5) year options until 2036
- Commencing rent of $147,000 Net Per Annum + GST
- CPI increase annually (first increase due this September, 2022)
- All Council Rates and charges paid by the tenants

Consisting of a very flexible building design which includes large clearspan factory and warehouse areas plus showroom, office and hardstand areas, there is a flexible floor plan and great access plus generous parking!

The zoning is a flexible B6 Enterprise Corridor zoning.

Building area incorporated on the (approx.) 2,025 m2 rear level parcel indude:
- Total floor area of 1,403 m2 (approx.)
- Factory floor area of 1,194 m2 (approx.)
- Office plus mezzanine areas of 194 m2 (approx.)

There are three (3) high and wide roller doors that provide excellent access along the length of the property, plus additional awnings and covered areas.

This quality investment is an ideal 'pick for your portfolio' and represents an opportunity for the astute buyer to secure value and income with plenty of flexibility and upside.

Call now for an Information Memorandum and to inspect this outstanding investment property!

Auction details below:
Date: 25th August 2022
Time: 12:00 PM
Location: LJ Hooker Commercial Central Coasts auction rooms - Suite 401/1 Bryant Drive, Tuggerah.