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Unit 7&8/18-20 Naru Street Chinderah, NSW 2487

Unit 7&8/18-20 Naru Street,
Chinderah, NSW 2487

Warehouse, Factory & Industrial

Price information

Sale

$1,300,000

Key property information

Floor area

Tenure type

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FULLY LEASED INDUSTRIAL INVESTMENT

  • Brand New 3 Year Lease.
  • Net Return: $70,000 per annum
  • Well Established Trader
This industrial investment has prime position at the nexus of the M1 Motorway and gateway border.

The property is securely leased to established landscaping business "Early Up" who have just signed a new 3 + 3 + 3 year lease at market rent of $70,000 per annum + Outgoings + GST.

This near new modern complex was completed in 2020. The property comprises two industrial warehouse units with a 324sqm gated hardstand yard on title leased to one tenant.

INVESTMENT DETAIL:

- Net rental $70,000 per annum + GST.
- Outgoings 100% payable by tenant.
- Fixed compounding annual reviews.

FEATURES:

- As new high clearance warehouse and office.
- 240sqm internal NLA.
- 324sqm hardstand yard.
- Two high rollers door, plus additional roller door direct to hardstand.
- Airconditioned offices.
- Abundant onsite carparking.
- Immediate access to the M1 motorway north and southbound.
- Zoned General Industrial.

FUTURE UPSIDE:

This investment comprises two (2) titles leased to the one (1) tenant, that provides future flexibility to sell the units individually.

PRICE:

$1,300,000

For more information contact exclusive selling agents Towers Francis Property.

Property ID: 504703692Last Updated: 3 Oct 2024

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Unit 7&8/18-20 Naru Street
Chinderah, NSW 2487
Towers Francis Property - TWEED HEADS SOUTH
Suite 2B Tweed Office Park, 24-28 Corporation Ct
TWEED HEADS SOUTH, NSW 2486

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