SOLD $910,000

PRD Commercial Western Sydney in conjunction with Colliers Newcastle offered 5/77 Stenhouse Dr Cameron Park for sale by way of Public Auction.

This was an outstanding opportunity to secure a premium secure industrial investment with a long-term lease in place.

Spirited bidding achieving a sale under the hammer.

Investment Details

• New 7 x 3 year lease
• Lease commenced 1 August 2024
• Returning $57,375 pa net (ex GST)
• Tenant pays outgoings
• Annual CPI or 3% rent increases
• Leased to blue chip tenant, Gulf Western Oil

Property Features

A highly functional industrial warehouse with the following features:

• 255m2 (approx.) building area
* Boutique estate in high growth region
* Stylish glass facade
* Container height roller door
* Secure concrete panel construction
* High clearance, clear span warehouse floor
* Insulated metal deck ceiling
* Regular shape unit.
* Internal amenities and kitchenette
* Zoned E5 Heavy Industrial

Auction:
Thursday 24th October 2024
10.30am (AEST)
Ground Floor, 18 Honeysuckle Dr
Newcastle

For further details contact:

PRD Commercial Western Sydney:
Robert Tappouras 0436 430 344

Colliers International:
Tim Woolf 0413 155 462


Note: All building and land areas quoted are approximate; prospective purchasers and tenants must make their own enquiries. All sale prices and asking rentals DO NOT include GST. Images and plans are indicative.