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Warriewood, NSW 2102
Warehouse, Factory & Industrial • Offices
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FREESTANDING INDUSTRIAL BUILDING - UNDER CONTRACT
- MODERN FREESTANDING INDUSTRIAL BUILDING
- OPEN PLAN AND INDIVIDUAL OFFICE AREA
- SUBSTANTIAL WAREHOUSE FACILITY
Centrally located in Warriewood's business precinct, 1/7 Jubilee Avenue is a substantial freestanding modern industrial building held in an exclusive Community Title scheme of 10 units only. Built in approximately 1996 and perfectly placed as the lead Unit in the development with a high street presence and exposure. The property has an expansive entry foyer with a feature staircase leading to the first-floor reception, offices, and staff area. There are ten north facing individual offices opening onto the front balcony, a large open plan training / boardroom flowing seamlessly on to a large rear balcony and several other individual offices overlooking the large rear balcony. In addition, various storage areas and amenities are situated on this level. The warehouse area has access via large dual roller shutters to a semi clear-span warehouse of medium to high clearance. Generous large vehicle access plus 27 car spaces dedicated to the property. The property has a very contemporary design and is well maintained.
Property Details
Title: Lot 2 DP 270099
Building Area: 1617m²
Land Area: 1601m²
Zoning: IN2 Light Industrial
Lease Details
Tenant: Furnish & Finish Pty Ltd
Term: 5 Years + 5 Year option
Commencement: 1st February 2018
Current rent: $330,649 + GST Gross
Current Outgoings: Estimated at $25.00 pm2 approximately
Reviews: Annually increased by 3.5% or CPI whichever the greater
Bond: 3 months' rent
Guarantees: Directors personal Guarantees
Use: Office administration, warehouse, and distribution
This is a fantastic opportunity for Investors to add a unique industrial building to their property portfolios or an astute owner occupier to secure their future business premises while taking advantage of the current income.
Property Details
Title: Lot 2 DP 270099
Building Area: 1617m²
Land Area: 1601m²
Zoning: IN2 Light Industrial
Lease Details
Tenant: Furnish & Finish Pty Ltd
Term: 5 Years + 5 Year option
Commencement: 1st February 2018
Current rent: $330,649 + GST Gross
Current Outgoings: Estimated at $25.00 pm2 approximately
Reviews: Annually increased by 3.5% or CPI whichever the greater
Bond: 3 months' rent
Guarantees: Directors personal Guarantees
Use: Office administration, warehouse, and distribution
This is a fantastic opportunity for Investors to add a unique industrial building to their property portfolios or an astute owner occupier to secure their future business premises while taking advantage of the current income.
Additional information
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Property ID: 503915050Last Updated: 16 Jan 2024
Address available on request
Warriewood, NSW 2102
The North AgencyMONA VALE, NSW 2103
DEE WHY, NSW 2099
DEE WHY, NSW 2099
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Address available on request,Warriewood, NSW 2102 231 m²Warehouse, Factory & Industrial