SOLD - NSW Industrial Investment - Leased to Fortune 500 Company

Cushman & Wakefield invite you to take advantage of this unique investment opportunity with multiple assets available for purchase individually or in one line.

• Cram Fluid Power is an industry leading Hydraulic & Power Fluid business with operations in QLD, NSW & WA, locally owned by the Inenco Group (Consolidated Bearings, Hardy Spicer) 
• Wholly owned subsidiary of Genuine Parts Company (NYSE:GPC), a Fortune 500 American multinational with a Market Cap of $US15.4 Billion
• Major Australian brands include Repco, NAPA Auto Super Stores, COVS Automotive & Ashdown Ingram

Current Opportunities:

• QLD:  55-57 Southgate Drive, Paget Mackay. For Sale POA - Leased for $239,316 pa net + GST
• NSW: 11 Enterprise Drive, Tomago Newcastle. For Sale POA - Leased for $119,064 pa net + GST
• NSW:  8 Glastonbury Avenue, Unanderra - Under Contract
• NSW: 10 Glastonbury Avenue, Unanderra - Under Contract
• NSW: 11 Glastonbury Avenue, Unanderra - Under Contract
• NSW: 13 Glastonbury Avenue, Unanderra - Under Contract

11 Enterprise Drive, Tomago, Newcastle NSW

• 1,050 sqm gross floor area*
• 2,692 sqm total land area
• Modern steel portal frame and colourbond construction
• 2011 premises was extended in 2015 including new covered wash bay
• 5 tonne overhead gantry crane travelling the full length of the factory
• Premises presents in great condition
• Located 400m from Tomago Road, the main route servicing the estate to the Pacific Highway and Newcastle Airport and Defense base
• New 10 year lease commenced 30 May 2019. Lessee has the right to review the lease terms after year four.
• Tenant pays for all outgoings including land tax on a single holding basis 
• Current Net Annual Rental $119,064 pa + GST

*Approx.

Contact the Exclusive Agents at Cushman & Wakefield for further details.