Property ID: 1P5562

Caringbah

By Negotiation
  • Industrial
  • For Sale
  • 820 sqm
  • 1194 sqm
BLUE CHIP INVESTMENT - AQUATIC CENTRE – "AS NEW" and "STATE OF THE ART"
Undoubtedly one of Sydney's' finest privately owned purpose built Aquatic Centres, this truly unique opportunity is the epitome of swim centres, offering a solid yield with substantial depreciation benefits, a perfect investment for the astute investors.

- Set in the hub of a highly sought & vibrant new commercial precinct
- Versatile ultra modern facility
- Exceptional design & quality fit out throughout centre
- Prime high yielding investment opportunity
- "Torrens Title" freehold site of over sitting on 1,190 square metres includes yard and parking
- Impressive facade and prominent street front presence
- High clearance warehouse shell
- Formal reception, kiosk/café, mezzanine office and showroom areas
- Heated 25 metre, x 5 lane indoor pool plus 8 x 8 metre indoor kids and rehabilitation pool
- Fully air conditioned throughout, three phase power
- Multiple amenities including bathrooms and change rooms
- Impressive long term lease of 5.4 x 7 x 7 year Option's
- Net Passing income of over $ 360,000 per annum, plus GST (soon to increase)
- 5% annual increases, plus substantial annual depreciation benefits
- Represents excellent capital value – well below current replacement value
- Surrounded by major business including ANZ bank, Shimano, Reece, Crunch fitness & other large national & international companies
- Flexible " B7 Business Park " zoning permits industrial, showroom, recreational and office development usages
- Highly sought convenient locale, close to main arterial roadways, Sydney Airport, Sydney Sea Terminals, CBDs' and local pristine beaches & bays.

For further details &/or an inspection please call Jon Brookes of Brookes Partners Real Estate on 0416 069 169 or Craig Moore of BIP Property on 0409 225 959.

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