7 Tollis Place, Seven Hills

This is a unit on a lot in 45/DP1085426 Seven Hills NSW. The local government is Blacktown, featuring 0 bedrooms and 0 bathrooms.

ABOUT THE PROPERTY

Bedrooms
0
Bathrooms
0
Car spaces
0
Land size
5225 m2
Building size
2990 m2
Council area
Blacktown
Year built
n/a
Lot plan
45/DP1085426 Seven Hills NSW
House type
Commercial: Industrial Building



HISTORY

Last sold 21/12/2018
$6,130,000



LISTING DESCRIPTION
as of March 2019

NATIONWIDE TOWING & TRANSPORT PORTFOLIO NEW SOUTH WALES CBRE is pleased to offer the Nationwide Towing & Transport Portfolio to market, featuring four Industrial assets across Australia, in major capital cities located at: 10 Ashburn Place, Blackburn, VIC 7 Tollis Place, Seven Hills, NSW 12 Industrial Avenue, Molendinar, QLD 42 & 44 Lancaster Road, Wangara, WAPORTFOLIO SUMMARY- 100% leased to Nationwide Towing & Transport Pty Ltd- Quality covenant, being majority owned by RACV- Portfolio Income $901,160 p.a net*- Portfolio WALE of 3.9 years- Strong annual increases to the greater of CPI or 4.0%- Portfolio GLA of 6,477 sqm*- Portfolio Site Area of 16,742 sqm*- The portfolio is available separately or in one linePROPERTY SUMMARY- GLA: 2,594 sqm ( + 396sqm mezzanine)- Site Area: 5,225 sqm- Income: $360,360 p.a net- Lease Term: 5 years- Commencement Date: 13 September 2017- Wale: 3.9 years (as at 1 November 2018)- Options: 2 x 2 years- Rental Increases: Greater of CPI and Annual 4.0% increasesLOCATION- Seven Hills is located within the Blacktown local government area, approximately 33km west of the Sydney CBD and approximately 11km from the Parramatta CBD. The site is well located on the western side of Tollis Place, a quiet cul-de-sac which runs off Station Road.- Seven Hills is widely regarded as one of Sydneys premier industrial locations, providing the following benefits: Serviced by Seven Hills Train Station (approximately 2km from subject site) and T-Way Outstanding access to major arterial roads including the M2 and M7 Motorways and Old Windsor Road Continued infrastructure improvements benefiting the area Population growth throughout the North West Growth Centre, significantly benefiting the area.Expressions of Interest closing Thursday 6th December 2018 at 3:00pm (AEDT).*Approx