CBRE are pleased as joint sole agents to offer 260 Dyers Road, Bromley for sale.
This is an exceptional opportunity for first-time investors seeking a fully leased asset or for those looking to enhance their existing portfolio.
Set on a substantial 5,902sqm* of Heavy Industrial zoned land, this property boasts an impressive profile along State Highway 74, ensuring excellent visibility and accessibility.
The property features bright and functional twin gable warehousing/manufacturing, ground-floor office and showroom accommodation, first-floor offices and ground floor amenities, providing a desirable office-to-warehouse ratio.
The 1,831sqm* building sits on a 5209sqm* site resulting in allow site coverage of 35%. This provides a secure yard, wide sealed driveway and ample carparking. Constructed during the 1970/80s period with precast concrete panel, steel portal frame and concrete floors and an iron roof. The property NBS is rated at 67%.
Currently, the property is leased to a long-standing manufacturing tenant, generating a robust rental income of $220,000 per annum plus GST and operating expenses. The lease includes 3-year market rent reviews, providing a stable return on investment.
260 Dyers Road is for sale by way of Deadline Private Treaty, closing on 12pm Tuesday 11 March 2025 (unless sold prior).
Investment Highlights:
- 5,209sqm* Heavy Industrial zoned site
- Low site coverage
- Fully tenanted industrial investment
- 3 year market rent reviews
- Long standing tenant in place
- 67% NBS rated
*Approx.
Contact the joint sole agent Hamish Clarke today for further information.