Units 99 & 129/2 The Crescent Kingsgrove NSW 2208

CPG are pleased to present to market for sale a brand new 186m²* warehouse unit and accompanying 42m²* office suite on two separate titles located in the highly central and prestigious brand new 'Kingsgrove Connect' industrial development, only moments from the M5 and M8 motorway ramps, Kingsgrove and Beverley Hills Railway Stations in the highly sought after suburb Kingsgrove, a central location for greater Sydney which generates high interest from both buyers and tenants.

With occupation for the development only occurring in November 2023, the unit & office come with a new 3 year lease returning $71,000.00 pa + GST combined, 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:

- 228m²* total combined on title area
- 99m²* warehouse floorspace
- 129m²* combined office area
- Opportunity in future to lease separately for potentially higher income and multi-tenancy income
- 3 allocated car spaces combined between lots
- 6.5m clearance in warehouse
- 2 x toilets, shower & modern kitchenette
- NBN, 3 phase power and motorised roller door
- Excellent natural light in both offices and pleasant view overlooking the leafy Crescent
- Secure gated complex with 24/7 remote access
- Combined rental income of $71,000.00 pa + GST
- Depreciation benefits of brand new building improving investment

Being the only leased warehouse unit on offer in the complex this is a unique opportunity, to register your interest and for further information please contact exclusive sales agents Ryan McMahon on 0429 228 460 or Ben Panayotopoulos on 0430 140 683.

*Approximate.