Lot 4 & 10 Princes Highway Maddens Plains NSW 2508

Development / Land
15.33 ha
Sold

RARE PHONE TOWER INVESTMENT OPPORTUNITY

Sale is subject to the lessee not exercising its first right of refusal
Two substantial land lots both with long leases to phone towers
Lot 4 - 14.87 Ha, with 221m² leased to 2033 @ $26,510 p.a.
Lot 10 - 4,569m², with 117m² leased to 2034 @ $25,248 p.a.
5% fixed annual rent increases
Zoned C2 Environmental Conservation
Future lease agreements already in place commencing after current lease expiry dates

Please contact the exclusive marketing agents listed below to arrange an inspection or to receive a detailed information memorandum.

Disclaimer: All figures and boundary outlines in photos contained herein are approximates only.

EXPRESSION OF INTEREST

Closing date and time	10/07/2024 12:00
Recipient name	Ask Agent
Delivery address	Ask Agent

MMJ Wollongong

6-8 Regent St

Wollongong, NSW 2500

Property Highlights

Date Sold	14 Nov 2024
Floor Area	153,269 m²
Land Area	15.33 ha
Parking	Ask Agent
Property ID	2019274809
Category	Development / Land Other
Last updated	14 Nov 2024

Map for Lot 4 & 10 Princes Highway Maddens Plains NSW 2508

Nearest transport* to Lot 4 & 10 Princes Highway Maddens Plains NSW 2508

Bus

Train

Tram

Ferry

Lawrence Hargrave Dr at Fifth St	1.2 km
Lawrence Hargrave Dr after Fifth St	1.3 km
Lawrence Hargrave Dr at Railway Tce	1.3 km
Lawrence Hargrave Dr before Monash St	1.3 km

*Within a 4km radius

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MMJ Wollongong

6-8 Regent St

Wollongong, NSW 2500

Property Highlights

Date Sold	14 Nov 2024
Floor Area	153,269 m²
Land Area	15.33 ha
Parking	Ask Agent
Property ID	2019274809
Category	Development / Land Other
Last updated	14 Nov 2024

Co-Agents

Tahlia Pennimpede

MMJ Wollongong

MMJ Wollongong

More about Lot 4 & 10 Princes Highway Maddens Plains NSW 2508

Lot 4 & 10 Princes Highway Maddens Plains NSW 2508 is categorized as Land & Development Property. It has a floor area of 153,269 m² and a land area of 15.33 ha. The listing ID for this property is 2019274809.