9 - 11 West Dapto Road, Kembla Grange

$13,000,000 - GST Exempt
1P1285
For Sale

Description

Positioned in the heartland of the thriving industrial sector of the Illawarra – Kembla Grange.

Boasting more than 500m of exposure along the Princes Highway and only 950m from the second largest Bunnings in the Southern Hemisphere.

* At $223 per square metre with substantial passing rent returning approx 5.7% yield, you will not want to miss this opportunity!

* Sit back and invest OR plan your next development whilst banking the rent!

* Only 10 km from Port Kembla Harbour

* 1.5 km from direct access to freeway

* Currently tenanted with multiple leases, includes options extending to 2024

* Boasting a current total passing NET RENT of $717,000 PA

* Potential to subdivide into smaller individual lots (STCA)

* Once in a lifetime opportunity to expand your property portfolio or re-develop and capitalise on your investment.

Additional Features : –
* Part tenanted to National Go Kart Racing Facility
* Additional vacant hardstand available
* Tenancy schedule is available upon request
* Multiple Warehouses of varying sizes and storage facilities – all tenanted

Location

Agent

Damian Evans
Sales & Leasing Agent P. 42296640 M. 0419 990 604
Harry Stefanou
Principal P. 02 4229 6640 M. 0413 737 585