Massive 4,434 sqm Site – Global Head Tenant

Auction 11am AEDT Tuesday 2 April 2019
Doltone House Hyde Park, 181 Elizabeth Street, Sydney

Massive 4,434 sqm site with only 20% site coverage providing future development opportunities
Modern freehold industrial investment
High clearance workshop and office facility with hardstand, wash bay and ample on-site parking
Sky Reach (NSW) Pty Ltd, 80% owned subsidiary of Nishio a leading equipment rental giant with 368 branches worldwide and 3,000 employees
Recent 7 year lease to October 2025 plus options until 2035
Attractive fixed 3% annual rent increases assuring growth with tenant responsible for majority of outgoings
Ideal commercial location close to major arterial roads including the New England Highway, the Hunter Expressway and the M1 Pacific Motorway
Growing Hunter Region with 650,000 population

Net Income: $178,000 pa + GST