Unit 94/2 The Crescent Kingsgrove NSW 2208

CPG is excited to announce the off-market sale of Unit 94, located in the prestigious new 'Kingsgrove Connect' industrial development. With occupation for the development only occurring in November 2023, the unit & office come with a new 3 year lease returning $88,200.00 pa + GST, a brand new building offered as a leased investment with depreciation benefits in the low risk strata warehouse asset category with the ability to occupy the unit at lease expiry (no option).

The new development is a state of the art industrial complex with large rigid vehicle access, container loading zones & wide driveways, immaculate finishes & design in each unit, now becoming a central business hub within the area with many notable professional businesses, gyms, café's, a yoga studio and more, welcome to Kingsgrove connect business park!

Key Features:

- 252m²* on title
- 123m²* warehouse floorspace
- 104m²* mezzanine/office area
- 25m²* balcony
- 2 allocated car spaces
- 6.5m clearance in warehouse
- 1 x toilets, shower & modern kitchenette
- NBN, 3 phase power and motorised roller door
- Excellent natural light in office and pleasant view overlooking the leafy Crescent
- Secure gated complex with 24/7 remote access
- Rental income of $88,200.00 pa + GST
- Depreciation benefits of brand new building improving investment

For further information regarding this transaction, please contact Ryan McMahon on 0429 228 460 or Jason Cursley on 040409 771 410.

*Approximate