Parkside Commercial Real Estate are pleased to present 8/120 Hume Highway, Chullora to the market For Sale.
This asset is conveniently located just 19 Kilometres from the Sydney CBD and 5km from the M5 Motorway, providing quick access to Sydney Airport and Port Botany.
Property Features Include:
+ 338.5 SQM of building area.
+ 4 Allocated parking spaces.
+ Access via one (1) container height roller door.
+ Huge 11M high internal clearances.
+ Fully sprinklered.
+ Designated container drop off zone.
+ Secured & sought after estate.
Investment Details:
+ Tenant: Otis Elevator Co Pty Ltd – Since 1 March 2021.
+ Term: 3 Years (Expiring 28/02/2027) with no further option.
+ Return: $94,780 Net + GST Per Annum (as of 1 March 2024).
+ Increases: Fixed 3.5% Increases
+ Security: 3 Months Gross Bank Guarantee
Tenant Profile:
Otis Elevators are one of the worlds largest elevator producers and are listed on the New York Stock Exchange with over 70,000 employees worldwide. *
