Rare Industrial Free Standing Warehouse
With Brand New 5 Year Lease

The Details

Location: Central Coast, NSW

Type: Industrial

Purchase Price: $2.1M

Net Rent: $123,600

Net Yield: 5.89%

Cashflow: $20,634

Total Return Including Capital Gains: $146,634 (cashflow + 6% growth)

Lease: brand new 5 by 5 years lease

Total area: 920 sqm NLA, spanning on 2,023 sqm land

WHY WE LOVE THIS PROPERTY:

Located in a prime location midway between Sydney and Newcastle,
with easy access to Central Coast and Hunter region

Property includes 2 buildings with solar panels each

Value added with additional mezzanine areas in both buildings

Potential rental uplift with increased net lettable area

Large roller doors on each building for ease of access to larger vehicles