H154, 24-32 Lexington Drive, Bella Vista NSW 2153

Brand New 5 + 3 + 3 Year Lease Directly Opposite Bella Vista Station

$2,350,000 (Excl.GST)

Outstanding industrial investment located opposite the Bella Vista Station offering corporate appeal and prime position at entryway to Norwest Business Park with excellent accessibility from direct access to the M7 & M2 Motorways.

  • Brand new 5 + 3 + 3 year lease.
  • Lease commence 1 July 2019, providing maximum benefit of full-term tenancy.
  • Rental $120,000 Net PA + tenants pays all outgoings + GST.
  • 5% Net return after all expenses, with 3.5% annual rental increases.
  • Long term occupier has been at premises for 10+ years.

The purchase presents an excellent return (double that of the big 4 banks interest rates) as well as expected potential for capital growth and upfront costs savings of securing a new tenant.

Contact Thiink to arrange your inspection or request further details today.

Key details

  • Status
  • For Sale
  • Property type
  • Industrial/Warehouse
  • Building area
  • 538m2 (approx.)

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02 8321 9211