Unit 1 / 6 Leighton Place :: Hornsby
An exceptional investment property situated in high growth area. Prominently situated in the well established and sought after Hornsby / Asquith industrial precinct offering easy and convenient access for medium and small Industrial businesses. Close to F3 freeway, Hornsby retail and commercial CBD, rail and bus. Set high on the hill with imposing views and excellent signage opportunities.
Building Description:
6 Leighton Place is a modern newly constructed complex of 12 factory/office units. The complex has dual access to Leighton Place and Salisbury Road, the main artery of the Hornsby Industrial Area. Construction is in concrete tilt panel.
Zoning:
Hornsby Shire Council 4(b) Light Industry
Tenancy Details:
Unit 1 is a recently fitted out and leased, clean tenancy, with factory ceiling clearance to 5 m with painted walls and floor. A full height and width roller shutter 4.5x3.6m is sheltered at the frontage by the building overhang. The unit consists of ground floor entry, amenities (1x WC and kitchenette) and open ground floor factory space. A mezzanine office is separated into a spacious and well appointed open plan work space. Offices are carpeted and extensively glazed. A northerly outlook with bush and local views is available from all parts of the office.
Area:
Ground Floor (factory) 170 sqm
First floor offices 49 sqm
Total area 219 sqm
Parking:
2 spaces on title plus street and driveway parking
Lease term:
Three year lease plus three year option commencing from 8/6/2009.
Tenant:
An electrical contractor and systems supplier.
Outgoings:
Fully payable by the Lessee.
Rental:
$42,036 pa net + GST
Rental Review:
Annual to greater of CPI or 4%
Depreciation allowance:
A building depreciation allowance of approximately $9,000 pa or 1.75% pa may be available to purchasers. (Allowance may vary depending on the individual circumstances of a purchaser and are offered as a guide only; purchasers should obtain independent financial advice according to their circumstances)
Price:
Reduced to $525,800 excluding GST (GST not applicable if purchased as a leased “going concern”)
Initial yield: 8.0+ % pa, increasing to 9% (est.) on a pre-tax basis.
Unit 12 / 6 Leighton Place :: Hornsby :: NSW
An exceptional investment property situated in high growth area. Prominently situated in the well established and sought after Hornsby / Asquith industrial precinct. Just off the F3 near Berowra, the precinct offers easy and convenient access for large and small Industrial businesses. Close to Hornsby retail and commercial CBD, rail and bus. Set high on the hill with imposing views and excellent signage
opportunities.
Building Description:
6 Leighton Place is a modern newly constructed complex of 12 factory/office units. The complex has dual access to Leighton Place and Salisbury Road, the main artery of theHornsby Industrial Area. Construction is in concrete tilt panel.
Zoning:
Hornsby Shire Council 4(b) Light Industry
Tenancy Details:
Unit 12 is a recently fitted out and leased clean, clear tenancy with factory ceiling clearance to 6 m with painted walls and floor. A full height and width roller powered shutter 4.5x3.6m is sheltered at the frontage by an awning. Ample natural light to the factory area. The unit consists glazed and tiled ground floor entry foyer, amenities (2 x WC and kitchenette) and open floor space with an extensive mezzanine office separated into two spacious and well appointed open plan work spaces and fully equipped kitchen. Offices are fully ducted air-conditioned, carpeted and extensively glazed. An northerly elevated outlook with bush land and local views is available from
all parts of the office and tiled balcony.
Area:
Ground Floor (factory) 140 sqm
First floor offices 91 sqm full fitout
Total area 231 sqm
Parking:
2 spaces on title plus street and driveway parking
Outgoings:
Fully payable by the Lessee, including property management, if applicable.
Rental:
$48,500 pa net + GST
Rental Review:
Annual to greater of CPI or 4%
Depreciation allowance:
A building depreciation allowance of approximately $9,000 pa and a further deduction of approximately $25,000 pa may be available to purchasers. (Allowance may vary depending on the individual circumstances of a purchaser and are offered as a guide only; purchasers should obtain independent financial advice according to their circumstances)
Price:
Reduced to $606,250 excluding GST (GST not applicable if purchased as a leased “going concern”)
Initial yield: 8.0+ % pa, increasing to 9% (est.) March 2010 on a pre-tax basis.
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