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Lot 4 & 10 Princes Highway, Maddens Plains, NSW, 2508

Properties / Buy / New South Wales / Maddens Plains

Tenanted Investment

1. Property Summary

Selling Method

EOI

Selling Details

Expressions of Interest

Land Area

15.33 hectares (*approx)

Floor Area

153269 m² (*approx)

Property Type

Other, Land

Est. Income

$51,758 p/a

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2. Property Highlights

RARE PHONE TOWER INVESTMENT OPPORTUNITY

• Sale is subject to the lessee not exercising its first right of refusal

• Two substantial land lots both with long leases to phone towers

• Lot 4 - 14.87 Ha, with 221m² leased to 2033 @ $26,510 p.a.

• Lot 10 - 4,569m², with 117m² leased to 2034 @ $25,248 p.a.

• 5% fixed annual rent increases

• Zoned C2 Environmental Conservation

• Future lease agreements already in place commencing after current lease expiry dates

With the opportunity to purchase one or both, the properties will be sold via Expressions of Interest, closing Wednesday, 10th July 2024 at 5:00pm.

Please contact the exclusive marketing agents listed below to arrange an inspection or to receive a detailed information memorandum.

Disclaimer: All figures and boundary outlines in photos contained herein are approximates only.

Remember to mention you found this property on CommercialReady

Property Type

Other, Land

Est. Income

$51,758 p/a

Land Area

15.33 hectares (*approx)

Floor Area

153269 m² (*approx)

Selling Method

EOI

Selling Details

Expressions of Interest

2. Property Highlights

RARE PHONE TOWER INVESTMENT OPPORTUNITY

• Sale is subject to the lessee not exercising its first right of refusal

• Two substantial land lots both with long leases to phone towers

• Lot 4 - 14.87 Ha, with 221m² leased to 2033 @ $26,510 p.a.

• Lot 10 - 4,569m², with 117m² leased to 2034 @ $25,248 p.a.

• 5% fixed annual rent increases

• Zoned C2 Environmental Conservation

• Future lease agreements already in place commencing after current lease expiry dates

With the opportunity to purchase one or both, the properties will be sold via Expressions of Interest, closing Wednesday, 10th July 2024 at 5:00pm.

Please contact the exclusive marketing agents listed below to arrange an inspection or to receive a detailed information memorandum.

Disclaimer: All figures and boundary outlines in photos contained herein are approximates only.

Remember to mention you found this property on CommercialReady

Lot 4 & 10 Princes Highway, Maddens Plains, NSW, 2508 Maddens Plains

Enquire

MMJ Commercial - Wollongong

6-8 Regent St, Wollongong NSW 2500

Michael Farina

+61 *** *** *** show +61 421 522 713

Tahlia Pennimpede

+61 *** *** *** show +61 421 458 748

Industrial

Retail

Child/Healthcare

Hotel/Leisure

Offices

Farming

Other

Lot 4 & 10 Princes Highway, Maddens Plains, NSW, 2508