SOLD FOR $1,938,000 IN 1 WEEK

COMMERCIAL FREEHOLD

SOLD IN 1 WEEK PRE AUCTION

Sold for $1,938,000

17th December 2021

By Catherine Lenthen

Catherine’s Real Estate

First time offered in 36 years, here is a phenomenal opportunity to secure prime industrial property in the highly desirable commercial hub of Hornsby. This rare find is one of the only freehold properties for sale in Hornsby and has scope for development prospects. The position of the asset puts it within merely 1.7km – 6.9km of Peats Ferry Road Hornsby, Pacific Highway Hornsby, M1 Wahroonga and Pennant Hills Road Wahroonga plus it is only a 5 minute drive to Hornsby Station and Hornsby Westfield.

Featuring:

• Tenanted investment – Approximately $74,000p.a. gross – managed by the owner

• Freestanding freehold commercial property
• Approximately 942sqm block
• Development opportunity
• Solid full brick construction built in 1985
• Floor space = 381sqm
• Warehouse containing approximately 139.6sqm and roof height of 6.2m
• Easy tray-truck access and spacious turning area at rear
• 5 covered car spaces at the front and loads of space for parking containers and storage at the back

• Large 3.5m high automatic electric roller door access to the warehouse that is ideal for deliveries and dispatching
• Mezzanine containing 54.4sqm with forklift access and stairs
• Office space of 94.2sqm with front desk, 3 open workstations and separate board room

• Reverse cycle ducted air-conditioning
• 3 phase power and NBN
• Kitchen and his and her bathrooms
• Council rates = approximately $382.25 per quarter
• Water rates = approximately $128.00 per quarter

Disclaimer: All information contained herein is gathered from sources we believe reliable; however, we cannot guarantee its accuracy. Prospective purchasers are advised to carry out their own enquiries.