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Knight Frank - Central Coast

13 & 14, 11 Donaldson Street Wyong, NSW 2259

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13 & 14, 11 Donaldson Street,
Wyong, NSW 2259

Warehouse, Factory & Industrial

Price information

Sold

$617,500

Key property information

Floor area

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Knight Frank - Central Coast
Brett Dowling
Ty Blanch

Knight Frank - Central Coast

Suite 401 / 1 Bryant Dr
TUGGERAH, NSW 2259
Knight Frank - Central Coast
13 & 14, 11 Donaldson Street
Wyong, NSW 2259

Map of 13 & 14, 11 Donaldson Street

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FANTASTIC INVESTMENT OPPORTUNITY!!

You may have every reason to be excited by this double unit opportunity with plenty of upsides! Look at the tenant and lease terms! There are two adjoining units which have had the same business in possession for 15 years, with (approx.) 550m2 including foyer/showroom, mezzanine and ground floor office areas, large factory and warehouse with high and wide roller door providing excellent access and ancillary mezzanine for storage.

The ground floor strata plan area are (approx.) 311m2 which shows excellent value for money on a m2/rate.
Our quality tenant has recently signed a 3 x 3 year lease at $42,000 PA Net + GST which provides for a generous commencing yield of 6.68% per annum net!

The tenant has been in the building for 16 years and in business for 50 years, and are motivated to stay in this custom fit building format over both units with such a fair (conservative) rental. The property is located in North Wyong close to the M1 Sydney to Newcastle motorway, Westfield Tuggerah and the growth corridor to the North.

CALL and make time to inspect TODAY!

Property ID: 503616094Last Updated: 22 Feb 2021

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