This prime industrial unit is located on one of the busiest roads on the North Shore and is for sale by way of Auction to be held at 10.30am, Wednesday 7th of April, 2021 (unless sold prior).
Constellation drive forms the southern periphery of the Albany basin and provides access to the Northern Motorway and Upper Harbour Highway from the surrounding East Coast Bays suburbs.
The immediate locality has recently been undergoing rapid change from industrial to retail development. The road is home to significant, well-known, multi-national brands which include: Home Zone Bulk retail complex, Candida office park, Farro Fresh North Shore, Bunnings Warehouse, Gilmores, Pet Stock, Wallace Cotton, Mc Donald’s, Wendy’s, Burger King and multiple large banking corporations, just to name a few.
The 272.3sqm industrial unit offers a functional lay out consisting of 136.5sqm high stud warehouse, 68sqm office, 39.7sqm of low stud mezzanine/warehouse in addition to 28.2sqm of ground floor amenities. Additionally, the unit is accompanied by 6 exclusive carparks and provides ease of maneuverability for customers and deliveries as well as being container friendly.
The unit has been occupied by the same tenant since 2016 (Grand Glass & Hardware LTD) and is currently returning $45,240 plus GST and outgoings until 23rd June 2021.
Summary of the key features:
- 272.30sqm total floor area
- $45,240 plus GST current net rental
- High warehouse to office ratio
- Opportunity for rental growth in the near future
- 6 Car parks
- Well established tenant
- Prime location on one of North Shores busiest streets
- Functional internal layout
- Warehouse height approximately 6 meters
- Owner occupiers and investors must inspect!
For sale by way of auction, 10.30am Wednesday, 7th April 2021 (Unless sold prior).
