Property ID: 1P0454

51 Leland Street Penrith NSW

  • Industrial
  • Sold
  • 1747 sqm
  • IN1 General Industrial
Freestanding Industrial Investment
CBRE and PRD Commercial are pleased to announce the sale of a premier investment opportunity at 51 Leland Street, Penrith

The property was sold Under the Hammer at Auction for $4,700,000 (ex GST)

Details

- 1,747sqm (approx) fully renovated building
- Rental Return $227,110 PA Net + GST
- Brand new 3 year lease
- Yield 4.8%


Features include:
- 1,747sqm (approx) freestanding building which has just been fully renovated, including new façade, car park, roller doors, office accommodation, fencing and landscaping.
- 3 Year lease commenced April 2021 + 1 x 5-year option
- Annual rent reviews of 3% pa
- Located within Penrith's established industrial estate, which is poised to benefit from future infrastructure upgrades
- Located 5.3km from the M4 Motorway and 22km from Western Sydney Airport

This is an extremely rare opportunity to secure a quality building with a brand new 3-year lease to an established business.

For further details, please contact the exclusive agents at CBRE or PRD.

Sold by way of Public Auction on Tuesday 18th May 2021 at 11am.

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.

Enquiry Form