Recently renewed 5 year lease to Alfa Laval to Nov. 2021 + option to 2026.
Alfa Laval – global giant in energy, food & water and marine employing 17,000+ staff worldwide with service centres in 50+ countries.
Wyong – established industrial precinct on the Central Coast near Pacific Highway.
Central Coast – home to a strong population of around 333,119 generating $11.77 billion in GRP, population forecast to swell to over 422,000 by 2031.
Huge 15,730 sqm site including under developed land suitable for future potential commercial development (STCA).
Substantial commercial industrial facility of 2,941 sqm gross floor area.
Guaranteed rental growth, fixed 2.5% annual rental increases.
Net lease, tenant pays outgoings as per the lease.
Recent building refurbishment and upgrade of around $150,000.
3 month rental guarantee and significant depreciation benefits.
Easily managed single tenant investment.
Net Income: $264,265 pa + GST.