A fully leased, modern freestanding warehouse facility in Hexham NSW is set to hit the market this week, boasting a strong and stable income stream underpinned by the leading provider of integrated services in Australia and New Zealand, Downer EDI.
Located at 16 Galleghan Street, Hexham, with excellent access to the Pacific Motorway, the freestanding warehouse is fully leased to Downer EDI Engineering Power and Lion Dairy & Drinks and offers 15,069sq m* of GLA split into two tenancies on regular shaped 2.98ha* site.
For sale through Michael Fenton and Michael Wall of Savills Industrial & Logistics, the property offers highly functional and flexible improvements and a passing net income of $2,057,059pa* with recent capital expenditure invested in the asset.
16 Galleghan Street, Hexham is For Sale by Expressions of Interest closing 4pm, 3 June 2021.