Ashham Agencies and local co-agent Matt Hansen Real Estate are delighted to present this quality industrial investment secured by the highly successful local manufacturer and exporter Allied Seating Group (ASG). Located on a prominent corner with three street frontages, the site offers upside through subdivision of rear land (STCA) and/or future expansion/development taking advantage of extensive curtilage around the current warehouse. This asset provides the perfect mix of income and upside.
Key Features
- Prominent 7,668*m2 site with 3 street frontages offering future expansion around the existing building and subdivision/development to the rear (STCA).
- Quality showroom/reception, office, production, warehouse and storage areas with extensive parking and external storage areas. Areas 976* m2 plus a 115* m2 loading canopy and mezzanine storage area of approximately 450* m2.
- New lease to quality tenant Allied Seating Group (ASG) for 5+5+5 years (Commenced 15 July 2024)
- $160,000 per annum net plus GST (outgoings recoverable from the Lessee including Council Rates, Water Insurance and Building Insurance but excludes land tax).
- Attractive 4% fixed annual rent reviews.
- The lease provides for the ability to release surplus land for subdivision.
- Split system air conditioning throughout, back to base security, 3 phase power and a 30KW rooftop solar system.
Contact
Andrew Graham Ashham Agencies 0412 448 455
Matt Hansen Matt Hansen RE Dubbo 0427 454 357