This large freehold factory/warehouse of approx. 1,000m2 has a near new office area of approx. 315m2, excellent access to high clearance factory & warehouse space and open plan work areas with ample natural light!

Currently operating as a steel fabrication business, the building has adjacent large concrete hardstand areas and there is abundant parking provided! EXCELLENT ACCESS.

Close to the M1 Motorway and located mid-way between Sydney and Newcastle, the property is in a growing precinct.

LEASE DETAILS : TENANT – AUSREO PTY LTD

TERM: 1 YEAR

COMMENCEMENT DATE: 1 AUGUST 2017

TERMINATION DATE: 31 JULY, 2018

OPTIONS: 3 X 1 YEAR TERMS

RENT: $122,000 P/A NET + GST

OUTGOINGS: PAYABLE BY TENANT

REVIEWS: ANNUAL RENTAL INCREASES. 3% OR CPI, WHICHEVER IS THE GREATER

COMMENCING YIELD: 8%

Make time to inspect this unique, quality industrial premises!! With escalating building costs this is below replacement cost!!