Reece Group – Large CBD Landholding with Upside
21 Kenny Street , Wollongong NSW
Property Highlights
7 year lease to Nov. 2025
Future high rise development potential
Net Income: $138,373 pa + GST
Description
Actrol is owned by the Reece Group, 600+ locations
Actrol is Australia’s leading wholesaler of A/C & refrigeration with 60 locations
Investment in burgeoning Wollongong with pop. of 305,000+
Transitional location with future high rise development potential
7 year lease to Nov. 2025 plus options to 2040
Net lease with tenant paying outgoings as per lease
Net Income: $138,373 pa + GST (As at 1 Dec. 2020)
For Sale by Auction
11AM (AEDT) Tuesday 27 October 2020
Yallamundi Rooms, Sydney Opera House
Property Details
Listing
Sale
Current Tenant
Tenanted
Occupancy Type
Industrial
Land Size
1,159 SQM
Building Area
1,090 SQM