30 30 verulam road, lambton

Price on Request

Property Details

Leased to Specialised Wholesale & Plastics - 25 yrs in Newcastle.
Tenant has parent co guarantee by multinational engineering giant Inenco Group - 160 locations in Australia and overseas.
Functional showroom, office and warehouse facility with on-site car parking.
Large site of 3,984 sqm with future redevelopment opportunities.
Inner city Newcastle location, 5 kms from CBD.
Easily managed single tenant investment.
Tenant pays all outgoings as per lease.
Attractive 3.9% annual rent increases.
Net Income: $199,480 pa + GST (as at June 2015).

Auction 2pm AEDT Tuesday 24 February
50 Margaret Street Sydney

Rhys Parker 0451 101 042
Dean Venturato 0412 840 222

Featured Details

Gross Building Area 2737 sqm
Land Size 3,984 sqm
Rent Period Annually

Property Enquiry

Regarding Property ID: 1446

Thank you for showing interest in us.

Office Details

Level 18, 15 Castlereagh Street, Sydney NSW 2000

T 02 9232 6288 E

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