2/6 Hereford Street Berkeley Vale NSW 2261

FOR SALE BY PUBLIC AUCTION - INDUSTRIAL INVESTMENT

With an income of $312,000 per annum + outgoings + GST, this outstanding opportunity is sure to capture the attention of astute investors. The 2,618m2 warehouse is part of a small 3 Lot industrial strata sub division within the highly sought after Berkeley Vale industrial precinct, with all 3 buildings of a freestanding nature.

Home to such national icons such as Sanitarium, Masterfoods, Trendpac & Fed Ex. Berkeley Vale continues to be a strong performing suburb in the growing Central Coast industrial market.

Only minutes from the M1 Motorway, this property is ideally located for warehousing, logistics and distribution. Zoned E4 General Industry, the property will be sold at auction for less than replacement cost in the current market. Excellent Invesment property with income from Day 1.

The commencing rent is $120/m2 on a net basis, well on the lower side of the current leasing market. With many properties now achieving much higher rentals on the Central Coast, there is plenty of upside for your investment.

• Occupied by Phoenix packaging, the property is offered to the market with a strong lease in place
• 5 Year + 5 + 5 Year Lease term
• $312,000 per annum + outgoings + GST commencing rental
• Warehouse - 2,618m2 (as per Strata Plan)
• Land 3,601m2 (as per Strata Plan)
• Excellent internal footprint for warehouse, storage or distribution
• B-Double access to the M1
• Undercover awning for loading
• E4 General Industry Zoning

Boasting an income of $358,027 in 2028, you can invest today and watch your return grow through the years with a guaranteed 3.5% rental increase year on year. In a market where it is difficult to find and achieve strong industrial investments, 2/6 Hereford Street has the excellent combination of income from day one, long term tenure and upside for your income. If you are in the market for genuine investment opportunities, then this property deserves your attention.

FOR SALE BY PUBLIC AUCTION
Thursday 18th April
10am
ONSITE

Brad Rogers
RWC Central Coast
0459 921 122
brad.rogers@raywhite.com