Freehold Industrial Investment Highly Sought After Asset – Multinational Group Tenant

10 Pile Road , Somersby NSW

Property Highlights

10 year lease to 2025 + options
Large 5,729 sqm landholding
Potential for more development STCA
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Description

Tenant is a wholly owned subsidiary of The Spanish based Fluidra Group. They are listed on the Spanish Stock Exchange and are world leaders leader in the pool & wellness industry
A large 5,729 sqm landholding
A freestanding office/warehouse of 1,595 sqm built in circa 2004
A secure 10 year lease to 2025 plus a 10 year option to 2035
The Central Coast population is set to grow by 16% to 414,615 by 2036
Under-utilised site coverage of only 28% and possibly allowing for more future development STCA
Located only 1 km to the M1 Pacific Motorway on ramp and within 1 hour from Sydney
The rental is increased annually in accordance with CPI
Net Income: $226,498 pa + GST

For Sale by Auction
Tuesday 22 June 2021 at 11am (AEST)
Yallamundi Rooms, Sydney Opera House

Property Details

Listing
Sale
Current Tenant
Tenanted
Occupancy Type
Industrial
Land Size
5,729 SQM
Building Area
1,595 SQM

Price

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