Leased Lane Cove Industrial Investment- tenant in occupation since 2017

Unit 208, Compass Business Park is a modern, well-presented industrial unit comprising a 95m² ground floor with warehouse, bathroom, and foyer. The column-free warehouse features concrete walls, floor, and ceiling, an electric roller door, rear window for natural light, and plumbing provisions for a potential sink.

The upper level includes open-plan office space, a meeting/showroom area, a separate office, and a quality kitchen. Positioned on the Podium Level with after-hours security gates, the unit offers three basement car spaces (including one tandem) and casual front parking.

The property has been leased to the same tenant since 2017. The current lease runs from 25/01/2025 to 24/01/2028, with no further option term. Tenant details available from the agent.

Current net rent: $58,464 p.a. + GST

Outgoings: 100% paid by tenant

Rent Reviews: Annual CPI increase

Security bond: $16,191.18 (held in trust by Glass Property Consultants)

Tenancy history: No breaches or rental defaults since June 2017

Note: All tenancy details above should be verified via the lease and contract of sale and are not to be relied upon independently.

This is a quality industrial unit in a popular estate and a rare opportunity to find an income producing investment in this price range benefiting from a lease to a long-standing tenant.