1/16 Millwood Avenue, Narellan NSW 2567

Located in a small and very well maintained boutique complex of only 9 quality commercial units. Zoned 4(b) – Industry B Zone which provides a broad usability including bulky good retailing.

Of the 9 units, only 3 are leased with a diverse mix of businesses with vibrant passing traffic and visitors. The mix of existing businesses includes; auto electrician, mechanical & gas specialist, gym, high performance engine building specialist, marine specialist.

Located in a premium position in the hub of the car dealership and bulky goods retailer precinct on the fringe of the Campbelltown CBD only minutes to the gateway of the M7 and M5 Motorways making this a safe and very secure investment proposition.

Currently leased to an existing long term tenant who recently re-signed new 3 year ‘title registered lease’ (signed December 2019) which includes a renewal option for a further 3 year option extension to be exercised by the end of 2022.

# Impressive rent return of $31,500.00 per annum excluding GST
# CPI annual rent review
# 50% of landlord outgoings including lax tax

A very large 236m2 with additional mezzanine level with staircase to office, toilet and shower.

Low strata fee’s, beautifully maintained strata plan, great location.