Learn more about this property online at:
https://www.colliers.com.au/p-aus66015480
https://www.colliers.com.au/p-aus66015480
- Sold
For Sale
Auction 24th Feb 2022 Cooley Auctions - Dexus Place, Sydney
Colliers Industrial Capital Markets, as exclusive selling agents, are pleased to offer for sale 100-104 Albatross Road, Nowra (The Minova Industrial Facility).
Underpinned by a triple net lease structure and the security of an international covenant with diversified businesses across the globe, the offering generates the below compelling investment features:
•Building area of 4,560m²
•Site area of 10,467m²
•Secure net passing income of $367,263 p.a.
•Lease term of 9.67 years to global giant Minova
•Highly sought-after triple net lease structure with Minova responsible for all outgoings including repairs of a structural nature
•Defensive investment due to the high cost of building replication
•Growth market with excellent access to major road infrastructure including the Princes Highway, connecting the precinct to Metropolitan Sydney
The Minova Industrial Facility is being offered for sale via Public Auction on Thursday, 24th February 2022 at 10:30am (AEDT).
For further information on this rare offering, please contact the exclusive selling agents.
Underpinned by a triple net lease structure and the security of an international covenant with diversified businesses across the globe, the offering generates the below compelling investment features:
•Building area of 4,560m²
•Site area of 10,467m²
•Secure net passing income of $367,263 p.a.
•Lease term of 9.67 years to global giant Minova
•Highly sought-after triple net lease structure with Minova responsible for all outgoings including repairs of a structural nature
•Defensive investment due to the high cost of building replication
•Growth market with excellent access to major road infrastructure including the Princes Highway, connecting the precinct to Metropolitan Sydney
The Minova Industrial Facility is being offered for sale via Public Auction on Thursday, 24th February 2022 at 10:30am (AEDT).
For further information on this rare offering, please contact the exclusive selling agents.
