Hard to find free standing strata industrial property currently divided into 3 bays with the ability to divide into 4 bays.
This exceptional opportunity is positioned in what is one of the Central Coast's most highly sought-after business precincts that will suit both an investor and or an owner occupier needing approx. 460m2 with the benefits of income of the other 3 bays. This high clearance building has an approx. floor area of 907m2 with 4 container size rollers, ability for toilets for each of the 4 bays, and ample off-street parking within a gated complex.
All Bays have been recently lease with a combined income of $121,440 Net P.A + GST Bay 1 with an annual rent of $52,200 Net + GST Bay 2 with an annual income of $25,200 Net + GST Bays 3 and 4 with an annual rent of $44,040 Net + GST . The building is constructed of dado style walls, with concrete/metal combination on the back walls, brick/metal combination on the front and side walls then Hebel blocks dividing walls between each bay.
Current floor areas & lease terms for each bay (approx.)
Front bay (Bay 1) - 360m2 + Mezzanine storage, 3 year lease with 3 year option
Front middle bay (Bay 2) - 180m2 Leased 3 years with 3 year option
Rear middle bay (Bay 3-4) - 367m2 Leased 3 Years with 3 year Option
This is a rare offering with so much potential for upside. Feel free to contact Mark Davies on 0422 442 858 to arrange an inspection or further information.
• Zoned E3 Productivity Support Zone
• Combined ground floor area of 907m2
• Ample off-street parking. •
• Combined income of $121,440 Net P.A