Sold Property

1/16 Millwood Avenue, Narellan, NSW 2567

  • 247 m2

$670,000

Nigel Montgomery Harcourts The Property People Campbelltown

Another SOLD by Harcourts - 02 4628 7444

Located in a small and very well maintained boutique complex of only 5 quality commercial units. Zoned 4(b) - Industry B Zone which provides a broad usability including bulky good retailing.

Of the 5 units, all are leased with a diverse mix of businesses with vibrant passing traffic and visitors. Mix of existing businesses include; wholesale pet food company, mechanic , gym, high performance engine building specialist, marine specialist.

Located in a premium position in Narellan Industrial estate which is also the gateway of the M7 and M5 Motorways making this a safe and very secure investment proposition.

Currently leased to an existing long term tenant who recently re-signed new 5 year 'title registered lease' (lease signed June 2021).

# Impressive rent return of $36,000.00 per annum excluding GST
# Tenant has signed a 5 year lease
# Tenant is responsible for all outgoings
# CPI annual rent review
# 100% of landlord outgoings including lax tax

The ground floor measures out at 148 square meters and the mezzanine upper floor is 99 square meters with a kitchenette, toilet and shower.

Rarely do commercial units like this come to market which makes this unit a most to any investor. Property ID: #NCN26999

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Sold Date

  • 01 July, 2021

Property features

  • Property Type: Warehouse
  • Warehouse Square Metres: 148
  • Mezzanine Square Metres: 99
  • Virtual Tour URL: https://harcourts-the-property-people.captur3d.io/view/harcourts-tpp-nai/1-16-millwood-ave-narellan-nsw-2567-australia

Office

Harcourts The Property People Campbelltown

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Est. bond $1920
  • 247 m2

Sold Property

1/16 Millwood Avenue, Narellan, NSW 2567

$670,000

Another SOLD by Harcourts - 02 4628 7444

Located in a small and very well maintained boutique complex of only 5 quality commercial units. Zoned 4(b) - Industry B Zone which provides a broad usability including bulky good retailing.

Of the 5 units, all are leased with a diverse mix of businesses with vibrant passing traffic and visitors. Mix of existing businesses include; wholesale pet food company, mechanic , gym, high performance engine building specialist, marine specialist.

Located in a premium position in Narellan Industrial estate which is also the gateway of the M7 and M5 Motorways making this a safe and very secure investment proposition.

Currently leased to an existing long term tenant who recently re-signed new 5 year 'title registered lease' (lease signed June 2021).

# Impressive rent return of $36,000.00 per annum excluding GST
# Tenant has signed a 5 year lease
# Tenant is responsible for all outgoings
# CPI annual rent review
# 100% of landlord outgoings including lax tax

The ground floor measures out at 148 square meters and the mezzanine upper floor is 99 square meters with a kitchenette, toilet and shower.

Rarely do commercial units like this come to market which makes this unit a most to any investor. Property ID: #NCN26999

Property Features

  • Property Type: Warehouse
  • Warehouse Square Metres: 148
  • Mezzanine Square Metres: 99
  • Virtual Tour URL: https://harcourts-the-property-people.captur3d.io/view/harcourts-tpp-nai/1-16-millwood-ave-narellan-nsw-2567-australia

Sold Date

  • 01 July, 2021

Nigel Montgomery Harcourts The Property People Campbelltown

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Harcourts The Property People Campbelltown

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