Near New Industrial & Logistics Facility on Huge 12,707 sqm Landholding

2 paspaley street, hume act

Price: Contact Agent

  • 10 Year Net Lease + Options
  • Viridian: Market Leading Tenant
  • Major Tenant Fit-Out

Property Details

Auction 11am AEDT Tuesday 4 December 2018
Doltone House Hyde Park, 181 Elizabeth Street, Sydney NSW

Huge, strategic 12,707 sqm land area with rare drive through B-Double access
4,060 sqm high specification production, logistics/distribution building
Near new building with valuable depreciation benefits
Major tenant fit-out including gantry cranes
Rare 2 x 1 MVA Transformers with facilities to expand to 3 x 1 MVA

Gateway position off Monaro Highway, 10 km from CBD and strategic home to major occupiers including Toll, Cleanaway, Downer
Canberra: Australia’s capital with 380,000+ population

10 year lease until 2027 plus options to 2042
Valuable 2.75% annual rent increases (net income $653,565 in 2026)
Close to TRIPLE NET terms, tenant pays outgoings including property management
Viridian: Australia’s largest supplier of building glass
CSR Limited: a major ASX listed company, over $2.6 billion revenue (2018)

Net Income: $540,528 pa + GST

Featured Details

Current Tenant Tenanted
Gross Building Area 4060 sqm
Land Size 12,707 sqm
Rent Period Annually

Property Enquiry

Regarding Property ID: NSW003408

Thank you for showing interest in us.

Contact Details

Office Details

Level 18, 15 Castlereagh Street, Sydney NSW 2000

T 02 9232 6288 E sydney@burgessrawson.com.au

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