17 Lucca Road WYONG
- $130,000 Net Income p.a*
- Zoned IN1 General Industrial
- Future Development Potential (STCA)
Freehold Industrial Investment
Positioned at the Northern End of Lucca Road next door to Mid-Coast Timbers and Kayel Self-Storage.
The property is surrounded by a large and diverse number of national identities, traders, and service providers such as FMC, Parchem, Telstra, Wideline Windows, Donaldson Australasia, All State Trailer Spares, McDonalds, KFC, Cordina Chickens plus many more.
A rare opportunity to purchase a leased freehold industrial building on a large block land, exemptional power supply and renovated demountable offices in a tightly held industrial area.
With a newly commenced lease term of 2+2+2-years (1/3/2020 commencement), an annual income of $130,000* and with a significant investment to building upgrades from lessee, makes this a priority to view.
The property consist of freestanding factory, with up to 7.1m internal clearance, 3 phase power with high amp supply (subject to confirmation from relevant energy providers), renovated demountable offices with male/female amenities (lessee has invested in upgrades to offices), excellent B-Double access, all on a large 7,781sqm block – plus a tonne of future growth potential for further development in the future (STCA).
* lessee has received incentive from lessor