Brand new 10 year lease from 2 September 2017 to 1 September 2027, plus 2 x 5 year options to 2037.
Fully leased to Beacon Lighting: ASX listed since 2014 and Australia's premium lighting specialist.
Ground floor retail premises in a new mixed-use development, built by one of Australia's most exceptional developers, Hindmarsh.
Gateway position on the corner of Wharf Road and Victoria Road, with an estimated 50,700+ cars passing daily.
Tenant occupies a state of the art 484 sqm showroom, with prominent street frontage to Victoria Road.
Only 10 km to Sydney's CBD and adjacent to Gladesville's retail and commercial precinct.
6 x basement car spaces also rented to the tenant.
Guaranteed rental growth with 3% annual rent increases.
Net income: $300,721 pa + GST.