27 & 27B Binalong Way, MACKSVILLE NSW

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27 & 27B Binalong Way, MACKSVILLE

SOLD

Floor Area 739m²
Land Area 1837m²

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For Sale

Property Details

Property Type Industrial/Warehouse

Land 1837m²

Floor 739m²

FULLY LEASED MODERN INDUSTRIAL COMPLEX

This modern industrial complex comprises of two buildings known as 27 and 27B Binalong Way.
27 Binalong Way is leased to Australia Post from 2013, with options expiring 2033.
Australia Post's existing net annual rental is $39,635 excluding GST, with annual 3.5% increases.

The freestanding, airconditioned building occupies a high profile location at the intersection with Yarrawonga Street.
It accommodates an approximate gross leasable area of 410m2 and enjoys an extensive bitumen sealed car park and truck delivery area.
A lower ground floor office with separate access from Yarrawonga Street is currently leased for $10,400 p.a. excluding GST.

27B Binalong Way comprises a new concrete tilt warehouse with mezzanine and large high clearance awning with frontage to Yarrawonga Street.
The 6m high concrete tilt building is leased as a gymnasium for $28,500 p.a. excluding GST.
The building accommodates an approximate gross leasable area of 329m2, comprising a 141m2 warehouse, 56m2 mezzanine and a 132m2 awning.

Binalong Way is one of the popular streets in the tightly held Macksville Industrial Estate, situated approximately 2.5 kilometres from the city centre.
Excellent truck access is available from the nearby Pacific Motorway via Giinagay Way.
Macksville is centrally located between Coffs Harbour some 40 minutes to the north and Kempsey, some 50 minutes to the south.

This prime industrial opportunity enjoys the following features:
- High profile corner position
- Extensive street frontage with large hardstand area
- High quality concrete tilt two building complex
- Long term occupancy by Australia Post with options to 2033
- Additional rental income from office and gymnasium
- Excellent height clearances and amenities

If you are looking for a well-designed industrial complex in this affordable, high growth location anchored by a AAA tenant then CALL NOW!!!
The asking price is $1.325mil shows a yield of 6% on the combined annual rental of $78,535.

For all further details contact LJ Hooker Commercial's Industrial Sales Specialists today:

Troy Mitchell 0417 695 915 [email protected]
Deb Grimley 0434 301 550 [email protected]

LJ Hooker Commercial Coffs Harbour office (02) 6651 6711 [email protected]

The leading specialist commercial agency servicing The Coffs Coast.

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  • Property ID JUNGVG

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For Sale

Property Details

Property Type Industrial/Warehouse

Land 1837m²

Floor 739m²

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Troy Mitchell

Director, Sales & Leasing

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