Landmark 8,586sqm* Industrial Freehold

Description

Burgess Rawson is pleased to offer to the market Cobalt Glass at 9-13 Newbridge Road, Berkeley Vale NSW 2261 for sale via our Investment Auction Portfolio 176

This opportunity has the following key investment highlights:

+ Brand new 5-year lease to 2030 plus option to 2035
+ Attractive annual increases: greater of 4% or CPI ensuring strong rental growth
+ Landlord friendly net lease, tenant responsible for all usual outgoings including council rates, water rates, insurance and land tax, as per lease
+ Cobalt Glass: part of The Logan Group, a major supplier in the construction industry
+ Purpose built facility with a substantial amount of glass processing equipment
+ Prime 8,586sqm* freehold in highly sought-after Central Coast industrial precinct
+ Strategic location near Central Coast Highway, Pacific Highway and M1 Pacific Highway which now connects to Sydney (1 hour*) via NorthConnex
+ Central Coast: thriving region of almost 352,000 residents, forecast to grow to over 412,500 people by 2046^
+ Net Income: $490,000 pa* + GST

To be sold by Investment Portfolio Auction
10:30am AEST Tuesday 13 May 2025
Yallamundi Rooms, Sydney Opera House

Please contact the exclusively appointed sales team for more information

*Approx
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Contact agents
Kieran Bourke Partner
0417 418 007
Flynn McFall Sales Executive
0481 187 191
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Berkeley Vale, NSW

9-13 Newbridge Road

For Sale by Portfolio Auction
Tuesday 13th May 10:30AM Yallamundi Rooms, Sydney Opera House

This property is part of Portfolio 176

Price: Contact Agent

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