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486m2 - Rare Investment / Occupy Opportunity - Commercial Kitchen

18 Sloane Street Marrickville

Auction 7th December 2021 at 10:30am

X MARKS THE SPOT
Set within the heart of the ever popular Marrickville Industrial hub and a short 4 minute walk to Sydenham Train Station, this extremely rare food-grade production space will suit the most discerning occupiers, tenants and savvy investors. The property is surrounded by a variety of food production, creative, light manufacturing and distilleries looking to benefit from the major state government spending.

THE OPPORTUNITY
The building comprises of 486.2m2 of NLA, mostly dedicated to temp controlled ground floor production area and cold storage. A significant level of capital investment has been added to the space, with additional equipment included as part of the sale, such as the stoves and cooking equipment, mixers, blast chillers and more.

The premises also has also undergone a major level of renovations and works, with upgraded 3 Phase (200amps) of power, solar panels along the roof, upgraded gas to the building and drainage / grease traps through the entire production space. Ideal for securing strong food grade tenants for decades to come.

Iku Wholefoods have a remaining 1 year lease and are paying $145,000pa +GST (Triple NET lease).

X Factors:
486.2m2 Food Grade Production Space High Level Renovation & Upgrades Includes a large variety of equipment Existing passing income of $145,000 per annum NET + GST
Auction Details - Tuesday 7th December 2021 @ 10:30am

For further information, please contact the exclusive agents below.

George Carydis - 0401 515 528
Marcus Schraag - 0431 038 291

Auction

7th December 2021 10:30am

Price Guide

Auction

Property Type

Industrial/Warehouse

Land area approx

318sqm

Floor area approx

486sqm

Inspection Details

Please contact George Carydis to arrange an appointment.

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