New Logistics & Food Distribution Centre – 12 Year Lease
11 Norfolk Avenue , South Nowra NSW
Property Highlights
New Major Logistics & Industrial Centre
Long 12 Year Lease
High Performing, High Growth Company
Description
New 12 year lease + Options to 2057
State-of-the-art facility with office, warehouse, loading & wholesale public supermarket
Brand new, built 2020 with significant income tax saving depreciation
Large site of 13,130 sqm, with capacity for future building expansion (STCA)
V & C Foods, high performing growth company established 31 years
Attractive fixed 3% rent increases
Outgoings paid by tenant including management fees, as per lease
Net Income: $600,000 pa + GST
Investment Portfolio Auction
11am AEST, Tuesday 15 September
Doltone House Hyde Park, Sydney
Property Details
Listing
Sale
Current Tenant
Tenanted
Occupancy Type
Industrial
Land Size
13,130 SQM
Building Area
3,922 SQM