Property ID: 1P1231

4/14-16 Davy Street Mittagong NSW

  • Industrial
  • Sold
  • 367 sqm
  • E4 General Industrial
Premium 367m2 I Commercial/Industrial Investment I Returns $83,400 pa net (ex GST) I 5 + 5 year lease
PRD Commercial Western Sydney have been appointed Marketing Agents to offer this commercial/industrial investment opportunity.

This stunning complex comprises 8 premium units and warehouses

A state-of-the-art design which is a new industry benchmark for the region.

This landmark property boasts exposure with convenient access to major thoroughfares and amenities.

Mittagong is considered a growth region of the Southern Highlands

Location

The Southern Highlands (known as the Wingecarribee Shire) is located 75km from the south-western fringe of Sydney and 110km from Sydney's Central Business District.

The Shire is predominantly rural in character with agricultural lands separating the towns and villages, characterised by unique landscapes and aesthetic appeal.

The Southern Highlands is a well-known tourist destination with the three main towns being Mittagong, Bowral and Moss Vale. At the same time, agriculture and a number of large-scale industries also contribute meaningfully to the local economy.

The region's proximity to Sydney combined with the emphatically rural lifestyle, also encourages a movement of residents from 'the City' to the countryside, as well as hosting a large number of holiday homes for Sydney-based residents.

Size

Mezzanine 78m2
Ground Floor 289m2

Total 367m2

This is an outstanding opportunity to secure a premium secure industrial investment with a long-term lease in place.

Investment Details

• New 5 x 5 year lease
• Lease commenced 11th September 2024
• Returning $83,400 pa net (ex GST)
• Tenant pays outgoings
• Annual 3.5% rent increases
• Leased to Fitstop Gym

Property Features

A highly functional industrial warehouse with the following features:

• 367m2 (approx.) building area
* Brand new boutique estate in high growth region
* Stylish presentation
* Container height roller door
* Secure concrete panel construction
* High clearance, clear span warehouse floor
* Insulated metal deck ceiling
* Regular shape unit.
* Internal amenities and kitchenette
* Zoned E4 General Industrial

To receive further details speak to our selling agents: PRD Commercial Western Sydney

Note: All building and land areas quoted are approximate; prospective purchasers and tenants must make their own enquiries. All sale prices and asking rentals DO NOT include GST.

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