51 and 51A Foundry Road, Silverdale, Rodney

Two Tenants, Tons of Potential in Silverdale!

Standalone, Road front, Freehold, Multiple Tenants - What more could you want?

Bayleys Commercial Silverdale are proud to present to the market 51 and 51A Foundry Road, Silverdale for the first time in 21 years for sale.

This is your opportunity to secure an undeniably sought-after split-risk industrial investment in the heart of the booming Silverdale precinct.

Comprising 2,303sqm (more or less) of land, with a combined building area of 1,046sqm (more or less) over two standalone warehouses, occupied by Plumbing World Limited and Teale Metal Products (2016) Limited.

Currently returning below market rental, this property offers savvy investors the opportunity to activate market rent reviews this year. Ongoing demand and low vacancy rates in the Silverdale area mean rental rates have been steadily increasing, providing an attractive upside for any purchaser.


KEY FEATURES:

• Split-risk industrial investment
• Currently returning $127,000 + GST + OPEX
• Plumbing World Limited - national brand tenant (56 stores nationwide)
• Freehold title of 2,303sqm
• Immediate rental upside

This property is a must see for value add investors - Contact the sole agents for a viewing.