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  • Sold
Rare Sale & Lease-Back Opportunity with Strong Industrial Covenant - #1
Rare Sale & Lease-Back Opportunity with Strong Industrial Covenant - #2
Rare Sale & Lease-Back Opportunity with Strong Industrial Covenant - #3
Rare Sale & Lease-Back Opportunity with Strong Industrial Covenant - #4
Rare Sale & Lease-Back Opportunity with Strong Industrial Covenant - #5
Rare Sale & Lease-Back Opportunity with Strong Industrial Covenant - #6
Rare Sale & Lease-Back Opportunity with Strong Industrial Covenant - #7
Rare Sale & Lease-Back Opportunity with Strong Industrial Covenant - #8
Rare Sale & Lease-Back Opportunity with Strong Industrial Covenant - #9
Rare Sale & Lease-Back Opportunity with Strong Industrial Covenant - #10
Rare Sale & Lease-Back Opportunity with Strong Industrial Covenant - #11
Rare Sale & Lease-Back Opportunity with Strong Industrial Covenant - #12
Rare Sale & Lease-Back Opportunity with Strong Industrial Covenant - #13
Rare Sale & Lease-Back Opportunity with Strong Industrial Covenant - #14
Price: Auction, Thurs 19 Oct at 10:30am in rooms

Colliers are excited to exclusively present to the market this rare sale and leaseback opportunity to an extremely high quality tenant. This is an opportunity not to be missed.

Sitting on an expansive 2.6 hectares* of general industrial land, this site consists of a freestanding building split over warehouse and office space, a total floor area of 7,750m²* with 60 onsite parking spaces.

Positioned within the Illawarra's northern suburb of Bulli, the site is ideally situated across the railway line, from Woolworths, moments to Bulli Railway Station, a short drive to the main retail strip of Woonona and easy access onto the freeway in both north and south directions.

Leased-back to David Brown Santasalo Australia Pty Ltd for 10-years with options, this strong covenant offers a fantastic investment opportunity.

The site is being sold by auction Thursday, 19 October at 10:30am (AEDT) in rooms.

Highlight features:

• Site area: 2.6Ha*
• Floor area: 7,750m2*
• Brand new 10-year leaseback with strong industrial covenant
• Leased to National AAA tenant: David Brown Santasolo Australia Pty Ltd
• Zoned E4 General Industrial
• Net return $1,162,500 + GST P.A.

*Approx.
  • 30/10/2023
  • Contact our experts for details on this transaction