R 7 950 000 | warehouse property for sale in westmead

Property Description


Secure long lease tenants already on this sought after property, in Mahogany Ridge, with a confirmed income and lease extension. - Annual escalation on leases is currently at 8%. - Secured property with palisade fencing and razor wire. Camera surveillance on property. - One entrance to the property with automated gate access. These two adjoining Warehouses boasts with the following: Warehouse 1: - 5 year lease agreement - 75% of gross lettable area portion share Warehouse 2: - 3 year lease agreement - 25% of gross lettable area portion share


Property Details

Purchase PriceR 7 950 000

Type of PropertyWarehouse

Last Updated26 Jun 2019

Property Location


Address6 Sugarbush Crescent, Westmead

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Property Location


Agent

Peter Salvesen

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