Premium Industrial Asset Leased to FedEx

MMJ Wollongong is pleased to present 23 Prince of Wales Avenue, Unanderra, a rare opportunity to acquire a substantial blue-chip industrial asset in a market where such quality stock is in short supply.

Key Highlights:

- New 5 + 3 year lease to FedEx Express Australia Pty Ltd
- Generating a passing income of $679,723 p.a. net + GST
- Tenant responsible for 100% of all statutory outgoings
- Strong occupancy history with the existing tenant
- Three separate titles forming a substantial 8,839m² land holding
- Featuring an expansive 3,574m² warehouse/office facility
- Sought-after E5 Heavy Industrial zoning
- Located in the heart of Unanderra's industrial precinct