• For Sale
  • Industrial
Premium industrial investment - 5 + 5 year lease to Bidfood Australia
Premium industrial investment - 5 + 5 year lease to Bidfood Australia
Premium industrial investment - 5 + 5 year lease to Bidfood Australia
Premium industrial investment - 5 + 5 year lease to Bidfood Australia
Premium industrial investment - 5 + 5 year lease to Bidfood Australia
Premium industrial investment - 5 + 5 year lease to Bidfood Australia
The property features an operational refrigerated cold storage facility comprising a combination of administration offices, plant room, freezer, chiller and dry goods storage. The offering boasts a large 149m* frontage to Ayrshire Crescent, as well as close proximity to the Newcastle CBD.

The subject property is located on the northern side of Ayrshire Crescent within the popular Sandgate Industrial Estate. The estate has a mix of light industrial businesses and service industries incorporating associated manufacturing and workshops. The property is strategically located close to major arterial roads such as the Pacific Highway, Industrial Drive and the M1 Pacific Motorway.

Property Features:
- International publicly listed company
- Net income $335,000 (plus GST)
- Initial five (5) year lease term expiring 2025 plus five (5) year option
- Fixed 3 % annual rent review
- Total building area 3,311sqm*
- Total site area 7,312sqm*
- Excellent truck access
- Multiple roller door access points
- Strong underlying potential to repurpose for a number of uses

For further information please contact Mark Yazbeck or Trent Robertson.

*Approximate.

Features

22_Percentage
% Leased
Five (5) + five (5) year lease term
01_NetIncome
Net Income
$335,000 net pa income (plus GST)
12a_TotalArea_M_A
Total Area - M
Total building area 3,311sqm*
12a_TotalArea_M_A
Total Area - M
Total site area 7,312sqm*

Property Details