Share this property

realcommercial.com.au

25 Jindalee Road Port Macquarie, NSW 2444

Directions

25 Jindalee Road,
Port Macquarie, NSW 2444

Warehouse, Factory & Industrial

Price information

Sold

$1,050,000

Key property information

Land area

Floor area

Car spaces

Zoning

Tenure type

Sold on

Map of 25 Jindalee Road

Directions

Well Positioned Warehouse Premises - Short lease will suit Owner/Occupier

* This well positioned property is locate along busy Jindalee Road and offers a great exposure to passing traffic.
* The building is a high bay warehouse area of 496 sqm approx. (24M wide by 20m deep approx) with additional mezzanine of 92 sqm approx.
* Three large roller shutters and glass entry doors
* Skylights. 3 Phase power., LED high bay
* Easy onsite parking area for 8 vehicles - wide driveway and all concrete sealed.
* One (1) year remaining on the current 6 year lease to CDA Eastland which expires July 2021 (no option to extend). CDA Eastland have been in occupancy since 2009
* Property will ideally suit future owner/occupiers come July 2021 or investors seeking ongoing rental return
* Council rates and insurances (plus lawns and water) paid by tenant under current lease and are: C/Rates: $3,000 PA approx and Building Insurances $2,500 PA approx
* Current rental is $63,000 PA nett
* Return on asking price is just under 6% nett, compared to term deposits offering just over 1%
* You do the numbers - You could not buy equivalent sized and located industrial land and replace a building of this size for the asking price
* Call Luke Horton - 0417 406 4...
Raine & Horne Commercial
Shop 3, 136 William Street, Port Macquarie
T : 02 6584 05...

Additional information

Property ID: 503610102Last Updated: 2 Mar 2021

0417 406 4...
realcommercial.com.au logo
25 Jindalee Road
Port Macquarie, NSW 2444
Raine & Horne Commercial - Port Macquarie
Shop 3, Quayside Building, 136 william Street
PORT MACQUARIE, NSW 2444

Make an enquiry

What's your enquiry about?

Enter your details

Similar properties

Other properties you might be interested in based on the location and property type you are looking at.