7 Jindalee Place

Riverwood NSW 2210

SOLD BY MATTHEW MCHARDY - FREESTANDING FULLY LEASED INVESTMENT
LOCATION:RIVERWOOD IS LOCATED APPROXIMATELY 18KM FROM SYDNEY CBD AND IS PART OF THE ST GEORGE DISTRICT OF SYDNEY.THIS BUILDING IS APPROXIMATELY 2 KM TO RIVERWOOD TRAIN STATION AND BUSY RETAIL SHOPPING CENTRE.ALSO ENJOYS CLOSE PROXIMITY TO M5 MOTORWAY, CANTERBURY ROAD, KING GEORGES ROAD AND FOREST ROAD. ALL ONE MAIN ARTERIAL ROADS FOR TRAVEL AND DISTRIBUTIONDESCRIPTION:BRILLIANTLY CONSTRUCTED INDUSTRIAL WAREHOUSE FACILITY OF BRICK AND METAL CLAD CONSTRUCTION. LOCATED ON THE ''EAST FACING'' SIDE OF JINDALEE PLACE, RIVERWOOD.* THIS FULLY SPRINKLERED BUILDING IS SET ON 5026M2 OF INDUSTRIAL ZONED LAND (CANTERBURY COUNCIL) THIS 8.06M-9.9 METER HIGH CLEARANCE WAREHOUSE OFFERS VERSATILITY FOR TRUCK ACCESS VIA TWO 6.9 METRE WIDE ROLLER SHUTTERS. ONE OF WHICH IS ON GRADE TO DRIVE IN AND ONE OF WHICH IS A LOWERED DOCK RECESSED INTO THE BUILDING. AN ADDITIONAL TWO SMALLER LOADING DOCKS ARE LOCATED ON THE SOUTHERN SIDE OF THE FRONT FACADE. * A SUBSTATION IS LOCATED ON SITE. THE BUILDING HAS HAD A HISTORY OF HIGH POWER USAGE AND HAS A NUMBER OF ''HIGH POWER'' DISTRIBUTION BOARDS THROUGHOUT THE BUILDING. THE SUBSTATION ON SITE IS NO 6143* THE SITE ALLOWS A MASS PARKING OPPORTUNITY FOR COMPANIES THAT HAVE NUMEROUS STAFF* CURRENTLY LEASED TO MULTAPEX PTY LTD WHO HAS BEEN A LONG STANDING TENANT THROUGH A NUMBER OF 5 YEAR LEASES. * CURRENTLY PAYING $320,278.28 P.A NET + GST WITH AN INCREASE DUE ON 1ST JULY 2014 TO $329,886.63A BUILDING OF THIS QUALITY AND LOCATION WILL ALWAYS BE A LOW RISK AS IT WILL ALWAYS BE EASY TO LET.