Upstate Commercial, as Exclusive Agents, proudly presents 234 Harbord Road Brookvale for Auction as a tenanted investment.
This freestanding industrial building, constructed circa the 1960s, boasts two levels and sits on a generous land area of 765 sqm, featuring a spacious warehouse spanning 806 sqm. Strategically located on Harbord Road, the property enjoys excellent street frontage and convenient access via a quiet side road, ideal for deliveries and customer traffic.
Constructed of durable rendered brick, the building comprises of three warehouses/workshop areas, a showroom, and office spaces, each with over approximately 3m height clearance.
Roller shutter door access to each warehouse ensures seamless operations for a variety of businesses. The layout includes eleven on-grade car parking spaces distributed across the upper level. Each warehouse is separately metered for power and water providing an opportunity in the future to strata the building if desired.
* Land area; 765 sqm (approx.)
* Building area; 806 sqm (approx.)
* Showroom/ reception area
* Frontage to Harbord Road of approximately 15.24m
* 11 Parking spaces
* Ducted air-conditioning to office areas
* Fluorescent lighting in office and warehouse
* Male and female amenities, shower
* Construction with brick walls, sheet metal roof with steel trusses
* Vehicular ramp access to the upper level
* 3 Phase power
* 3 Roller shutters
* Annual rent; $195,834 plus GST Gross
* Well located in Brookvale industrial precinct
* Great exposure to thousands of vehicles daily
* Limited freestanding industrial buildings currently available for sale
Upon the sale and settlement of this property, investors will have the opportunity to secure an attractive long-term tenancy, providing exceptional security with a brand-new 5x5 lease, favourable annual increments, and a consistent increase in income. Investors can also benefit from capital growth driven by the anticipated changes outlined in the Brookvale master plan.
Call Paul Cunningham 0413 161 661 or Saxon Stonehouse 0408 033 330 today for your inspection.
***All areas/measurements are approximations. It is up to lessees/purchasers to conduct their own investigations regarding any approvals required by governing authorities***