9 Riverside Drive, Mayfield West NSW 2304

Auction Date: April 17, 2024

Investment with rental upside

Auction Location: In Room

For Sale by Auction Wednesday 17 April 2024

Presenting an exclusive investment opportunity in the heart of Mayfield West, 9 Riverside Drive. An opportunity to secure an excellent freestanding industrial warehouse and office facility with abuilding area of 1,653sqm* situated on a corner block with a site area of 4,357sqm*.

Leased to a blue-chip tenant Corinthian Doors on a 2 years lease + 2 years option returning a generous $192,252.60* net per annum + GST which recently commenced on the 1st of November 2023. Corinthian Doors are a reputable entity ensuring stability. With the strategic location, premium facility for future occupiers and attractive lease on offer with further rental upside potential, this opportunity is not one to miss.

- Lease to Blue-chip international tenant - Corinthian doors
- Building area 1,653sqm*
- Site area 4,357sqm*
- Two year lease plus two year option
- Passing net income of $192,252.60 per annum plus GST
- Opportunity for future owner occupiers
- Maximum exposure on a corner block
- 12 car parking spaces plus loading zones and hardstand
- Zoned E4 General Industrial
- Drive around access
- Three 5m* wide x 5m* high roller doors
- One 5m* wide x 4m* high roller door

*Approximately