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Chin Property Group - CULLEN BAY

47 Albatross Street Winnellie, NT 0820

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47 Albatross Street,
Winnellie, NT 0820

Warehouse, Factory & Industrial • Offices

Price information

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$3,200,000

Key property information

Land area

Floor area

Zoning

Tenure type

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Chin Property Group - CULLEN BAY
Victor Harris
Seth Chin

Chin Property Group - CULLEN BAY

20/48 Marina Boulevard
CULLEN BAY, NT 0820
Chin Property Group - CULLEN BAY
47 Albatross Street
Winnellie, NT 0820

Map of 47 Albatross Street

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A-Grade Industrial Investment Offering a Strong Return for Investors

Chin Property Group are pleased to present to market 47 Albatross Street in Winnellie. A fully leased industrial asset situated on a 4,440sqm 'General Industry' zoned land parcel in the heart of Darwin's prime industrial locality.

The parcel is elevated from the street and commands a prominent street appeal with excellent business signage opportunity.

The property is of metal-clad and steel frame structure construction, being built circa 2013. The property comprises a total lettable area of circa 1,536sqm, having approximately:
54sqm of ground-level office + amenities;
100sqm of mezzanine storage;
1,382sqm of high-clearance, clear-span warehouse; and
3,000sqm of bitumenised hardstand surrounding.

The warehouse is accessible via 6 roller doors (5 x side and 1 x rear door) each having a c.4.7m clearance and 5m width. The highest internal clearance is c.7.6m to the underside of the central apex beam. The warehouse has a gantry crane and bay lighting throughout.

There is ample circulation space on-site with both side and rear storage / set-down areas in addition to 10 line-marked car parking bays.

The property is leased by Nortruss who have occupied the property since December 2012.

The passing currently achieves a strong rental and is on a lease expiring on 18 December 2026 and is subject to CPI (Darwin – All Groups) annual reviews. In accordance with the lease, the Tenant is responsible for payment of all outgoings aside from Building Insurance. A copy of financial information may be provided upon request.

For more information or to organise an inspection, please contact Seth Chin 0411 178 8... or Victor Harris 0412 154 1... at Chin Property Group.

Property ID: 504557340Last Updated: 25 Nov 2024

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