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6 The Crescent Kingsgrove, NSW 2208

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6 The Crescent,
Kingsgrove, NSW 2208

Warehouse, Factory & Industrial

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Map of 6 The Crescent

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SOUTH SYDNEY INVESTMENT

  • 5+5 Year Lease
  • Income-$1,079,963.80 net
  • For potential development or income
This modern facility is located in the southern Sydney suburb of Kingsgrove, a short stroll to Kingsgrove Railway Station, and quick access to the M5 East motorway, providing easy access to the Airport and Sydney CBD.

The near new office and warehouse facility benefits from a five year lease back to SEMA Group, 3,352.60m² of vacant warehouse can provide the purchaser additional income, as well as surplus land of 7,155m² that can be built on or subdivided and on sold.


Key investment attributes of the property include:

• 24,020m² total land area
• 13,596.20m² of building area
• Strong covenant, being SEMA Group Pty Ltd
• Total net income of $1,079,963.80 per annum
• Sema Lease expiry – 30 June 2017
• High quality modern and functional improvements
• Two street frontages to The Crescent and Vanessa Street
• Depreciation benefits
• 122 basement car spaces and substantial power supply of 2000amps approximately
• Excellent access to M5 Motorway, South Sydney, Princes Highway, and Kingsgrove Road
• Value add with the leasing of the currently vacant 3,352.60m² warehouse
• Value add potential due to surplus land of 7,155m² approximately at the rear of the property
For more information, please contact:

Gavin Bishop
M: 0401 146 051
D: 02 9840 1233
E: gavin.bishop@colliers.com

OR

Michael Crombie
M: 0412 903 0...
D: 02 8337 6212
E: michael.crombie@colliers.com

Property ID: 500226689Last Updated: 16 May 2014

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Kingsgrove, NSW 2208
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