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Rare Industrial Unit - Move in or invest. 12 month lease to blue chip tenant.

Gladesville

198m2

FOR SALE

PROPERTY DESCRIPTION

Opportunities to purchase in Gladesville are extremely rare. Modern, versatile units like this one don’t come up often—particularly with the added benefit of a strong holding income and future flexibility for either investor or occupier. Unit 6 offers a total area of 198m², comprising ground floor warehouse and a bright, air-conditioned office on the first floor. There are four basement parking spaces in the secure car park. The layout is practical and well-balanced, suited to a range of businesses, and includes a kitchenette and roller shutter access. The current occupier has installed a significant amount of fitout but the unit could be easily refreshed with new carpet and paint and removal of existing partitions. This would return the premises to the layout and condition shown in these photos provided.


The property is currently leased to InvoCare Australia Pty Limited, providing immediate income for investors or holding income for those wanting to occupy when the lease expires. The lease runs until 30 June 2026, with no further option for the tenant to extend (except with Lessor approval), and currently returns $59,580 per annum + GST with a CPI increase due on 1/7/25. The tenant also pays 100% of the outgoings (excluding land tax and Insurance), but including council rates and strata levies. Please refer to the lease and contract for sale for further details and to confirm this information.


This unit could suit both an investor looking to negotiate a lease extension with the current tenant or an owner occupier planning ahead to move in once the lease expires mid 2026. With modern construction, excellent positioning and secure parking, this is a standout opportunity in a tightly held precinct.

CONTACT AGENT

Jason Glass 0409 326 266 jason@glassproperty.com.au

PROPERTY LOCATION

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