• Sold
Investment – long term lease to Truckline
Investment – long term lease to Truckline
Investment – long term lease to Truckline
Investment – long term lease to Truckline

For Sale

Auction 4th Dec 2019 Level 30, Grosvenor Place, 225 George Street, Sydney NSW 2000
An outstanding main road workshop and showroom facility fully leased to Iveco trucks Australia Pty Ltd (Truckline) till November 2023 with a further five year option

The commencement rent is $253,200 pa net plus outgoings and GST with further rent review in November 2020
The property comprises of a workshop facility of 1,700sqm* set on a site of 1.228 hectares*

The facility includes a spare parts trade showroom, associated offices and staff amenities, truck turning and staff and customer car parking areas.

This is an exceptional site with great exposure in a strategic location close to the M1 Pacific Motorway at the intersection of the Pacific Highway and New England Highway and less than 15 minutes form the Port of Newcastle.

For Sale by Public Auction.

For more information, please contact the exclusive selling agents at Colliers International Trent Robertson or Jayson Robertson.

*Approximate

Features

12a_TotalArea_M_A
Total Area - M
Building area 1,700sqm
01_NetIncome
Net Income
Net Income $253,200 pa plus GST
29_HighExposure
High Exposure
Pacific Highway exposure
5a_Timeframes
TimeFrames - Lease Term
Leased till November 2023 with option

Property Details

  • 09/08/2020
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