Rare Industrial Freehold Investment | 12 Year Net Lease to National Tenant
Description
Burgess Rawson is pleased to offer to the market 105 Elliott Road, South Lismore NSW for sale via our Investment Auction Portfolio 174.
This opportunity has the following key investment highlights:
+ Long 12 year net lease to November 2033 plus 2 x 6 year options to 2045
+ Large 2,672sqm* landholding improved by an impressive freestanding industrial building with valuable rear access as well as loading facilities
+ Recently built in 2021, offering significant depreciation benefits
+ Attractive E4 General Industrial zoning providing wide flexibility and future use potential (STCA)
+ Norco: National Dairy & Agricultural supplier boasting $651 million in annual turnover
+ Strategic location close to complimentary national brands including Bunnings Warehouse, Total Tools and Reece Plumbing
+ Lismore City: integral part of NSW’s Northern Rivers region, with a population of 43,907 and producing a GRP of $3.11b^
+ Northern Rivers: thriving economic hub with an output of $42.05b and home to 315,775 people^^
+ Close to nearby airports including Ballina (35kms*) and Gold Coast (100kms*)
+ Net Income: $175,336 pa* + GST
To be sold by Investment Portfolio Auction
10:30am AEDT Tuesday 18 February 2025
Yallamundi Rooms, Sydney Opera House
Please contact the exclusively appointed sales team for more information.
*Approx
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Enquire
Contact agents
Darren Beehag Partner
0411 226 223Kieran Bourke Partner
0417 418 007Flynn McFall Sales Executive
0481 187 191Enquiry Form
South Lismore, NSW
105 Elliott Road
For Sale by Portfolio Auction
This property is part of Portfolio 174
Price: Contact Agent
Contact agents
-
Darren Beehag Partner
0411 226 223 -
Kieran Bourke Partner
0417 418 007 -
Flynn McFall Sales Executive
0481 187 191