RWC Greater Sydney South is proud to present a rare opportunity to acquire a unique, freehold property located at 7 Kiama Street, Miranda. Offered for the first time in almost 40 years, this asset will be available to purchase via Auction on Tuesday, 10th December 2024.
The property comprises a total land size of 1,347m²* which is fully fenced and secured by remote sliding gates offering significant hardstand and parking with building improvements comprising a generous building area of 950m²*. Featuring a large clear span factory floor with good internal clearance accompanied with generous first floor office space and ground floor kitchen & bathroom amenities. The property is well-suited for various applications, including but not limited to manufacturing and workshops.
The property is currently tenanted until Jan 2026 by P&R Liftcars which are a subsidiary of the internationally owned Dewhurst who are industry leaders in specialist lift components and work with most major brands. The current rent sits below marked at $217,987.51 + GST with the tenant paying a portion of the outgoings. This is great secure income which allows ample time for you to discuss a new longer term lease or to set up your new business HQ.
Key features to highlight include:
• Secure freehold factory on significant land holding (1,347m²*)
• Solid 950m²* building with ground & first floor amenities
• 10* car spaces with additional hardstand for loading/unloading
• Electric sliding gate entry with fully fenced hardstand
• Significant secure income with lease expiry Jan 2026
The property is offered for sale via Auction on Tuesday 10th December 2024 at 6:00pm (AEST). The Auction will be held at Cronulla RSL, 38 Gerrale Street, Cronulla NSW 2230.
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