Securely Leased Investment Opportunity

The property comprises a modern industrial facility containing five warehouse buildings and three office buildings. The buildings include conventional warehouse accommodation and ancillary office space, providing a ratio of 13% office to 87% warehouse.

The property is positioned within an established industrial precinct at Somersby. Somersby is located on the NSW Central Coast being approximately 8 kilometres west of Gosford and approximately 70 kilometres north of Sydney.

The whole property has the benefit of a lease to Pall Corporation (US listed company) on a lease expiring on 31 July 2020 at a current passing net income of approximately $563,500 per annum. The lease also provides for annual 3.25% rent increases.