Property ID: 1P0803
33 Lugard Street Penrith NSW
- 11
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Industrial
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Sold
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1270 sqm
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1718 sqm
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11
-
IN1 General Industrial
1270m2 Brand New Freestanding Industrial Investment Property – New 5 year Lease. Returns $230,000 pa net (ex GST)
PRD Commercial Western Sydney in conjunction with CBRE are delighted to announce the sale of 33 Lugard Street, Penrith. The property was sold by way of Public Auction for $5,250,000 (ex GST).
This was an extremely rare and exciting opportunity to purchase a trophy asset.
A state of the art freestanding industrial facility with a high quality long term tenant.
Strategically located in the heart of the North Penrith Industrial Precinct which is an integral part of the Western Sydney growth corridor.
2.5kms (approx) to Penrith station
5kms (approx) to the M4 Motorway
27kms (approx) to the new Western Sydney International Airport
Size
Ground Floor Office 121m2
First Floor Office 154m2
Warehouse 995m2
Total 1270m2
Site Area 1718m2
The property features the following:
- State of the art multi-purpose industrial facility
- Architecturally designed building
- CBD quality air conditioned office accommodation, ground floor foyer
- New 5 year + 5 year lease
- Returns $230,000 pa net (ex GST)
- Tenant pays 100% of outgoings
- Annual increases of the greater of CPI or 4%.
- Secure 6 months bank guarantee
- Brand new building with full depreciation allowances
- Secure concrete panel construction
- High Internal Clearance to maximise cubic capacity
- Full container height automatic roller door
- Easy truck access and manoeuvrability
- Clearspan warehouse floor
- Internal amenities
- Designated parking including undercover spaces
- Zoned IN1 General Industrial
- Construction by leading industrial builder
- Gateway to the Nepean Business Park
The property is being offered for sale by Public Auction on site at 11am, Tuesday 25th October 2022.
For further details contact Robert Tappouras on 0413 942 044 at PRD Commercial Western Sydney for an Information Memorandum and further details.
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.
This was an extremely rare and exciting opportunity to purchase a trophy asset.
A state of the art freestanding industrial facility with a high quality long term tenant.
Strategically located in the heart of the North Penrith Industrial Precinct which is an integral part of the Western Sydney growth corridor.
2.5kms (approx) to Penrith station
5kms (approx) to the M4 Motorway
27kms (approx) to the new Western Sydney International Airport
Size
Ground Floor Office 121m2
First Floor Office 154m2
Warehouse 995m2
Total 1270m2
Site Area 1718m2
The property features the following:
- State of the art multi-purpose industrial facility
- Architecturally designed building
- CBD quality air conditioned office accommodation, ground floor foyer
- New 5 year + 5 year lease
- Returns $230,000 pa net (ex GST)
- Tenant pays 100% of outgoings
- Annual increases of the greater of CPI or 4%.
- Secure 6 months bank guarantee
- Brand new building with full depreciation allowances
- Secure concrete panel construction
- High Internal Clearance to maximise cubic capacity
- Full container height automatic roller door
- Easy truck access and manoeuvrability
- Clearspan warehouse floor
- Internal amenities
- Designated parking including undercover spaces
- Zoned IN1 General Industrial
- Construction by leading industrial builder
- Gateway to the Nepean Business Park
The property is being offered for sale by Public Auction on site at 11am, Tuesday 25th October 2022.
For further details contact Robert Tappouras on 0413 942 044 at PRD Commercial Western Sydney for an Information Memorandum and further details.
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.
