• Sold
Brand New Industrial Trade Centre Investment with Long Term Leases
Brand New Industrial Trade Centre Investment with Long Term Leases
Brand New Industrial Trade Centre Investment with Long Term Leases
Brand New Industrial Trade Centre Investment with Long Term Leases
Brand New Industrial Trade Centre Investment with Long Term Leases
Brand New Industrial Trade Centre Investment with Long Term Leases
Brand New Industrial Trade Centre Investment with Long Term Leases
Brand New Industrial Trade Centre Investment with Long Term Leases
Brand New Industrial Trade Centre Investment with Long Term Leases
Colliers International is delighted to offer for sale 10 Ultimo Place, Marsden Park.

The subject property is situated within Sydney’s North West Growth corridor. Marsden Park is very well located within this priority precinct and is one of Australia’s fastest growing regions. The trade centre has excellent exposure via a 77 metre (approx.) frontage to Richmond Road, with neighbouring businesses including Costco, Ikea, McDonalds, Aldi and Coles. The property at 10 Ultimo Place benefits from multi-directional access at the intersection of Harmony Avenue and Richmond Road, which links directly to the M7 Motorway.

Key features include:
•Site area: 6,699 sqm*
•Building area: 2,245 sqm*
•Exposure to 40,000 cars daily
•50 on site car spaces
•11* year WALE
•Leased to RSEA and Total Tools which expire February 2031
•Total net income: $761,000 per annum
•3.5% Annual Rental Increases
•Tax advantages - full depreciation allowances available
•Zoned B5 Business Development – Blacktown City Council LEP 2015
•State Environmental Planning Policy (Sydney Region Growth Centres) 2006
•Outgoings: 100% payable by the lessee(s) on a proportionate basis

For further details and to obtain a copy of the Information Memorandum and Due Diligence material, please contact the exclusive Agent Paul McGlynn below.

*Approximately.

Property Details

  • 12/09/2020
  • Contact our experts for details on this transaction