SOLD
SOLD
SOLD
SOLD
SOLD
SOLD
SOLD
SOLD

6% Yield Western Sydney Mixed Industrial

47 Sterling Road , Minchinbury NSW

Property Highlights

Major Corner Opposite Car City
Mixed Industrial & Auto Investment
5 Year + 5 Year Leases to 2029
Register to Bid

Description

Wholesale Auto City 5 year lease to 2024 + option to 2029
T & T Wardrobes, 5 year lease to 2024 + option to 2029
5% & 3% annual rent increases
Car sales up by nearly 30% in 2021
Valuable B5 “Business Development” zoning
3,047 sqm land area with visibility from 3 directions
High visibility car yard and a 1,000 sqm high clearance warehouse
Net leases with tenants paying all outgoings including land tax (as per lease)
Net Income: $401,094 + GST (February 2022)

For Sale by Auction
Tuesday 14 December 10.30am (AEDT)
Yallamundi Rooms, Sydney Opera House

Property Details

Listing
Sale
Current Tenant
Tenanted
Occupancy Type
Retail
Land Size
3,047 SQM
Building Area
1,100 SQM

Price

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