108 Parraweena Road, Miranda, NSW 2228

Colliers, in conjunction with I.B Property are pleased to present to the market for sale 108 Parraweena Road, Miranda, presenting an exceptional opportunity to invest in a strategically positioned three level freestanding building plus basement carparking within the highly sought after industrial precinct of the Sutherland Shire.

The property benefits from excellent tenant covenants, underpinned by a childcare centre and Golds Gym, providing a secure income stream with a long WALE and steady income growth.

Key Investment Highlights:
- Modern freestanding building of 1,802m²
- Underpinned by quality tenant covenants with a 7.4 year WALE (by income)
- Strong net passing income of $899,363 ($499/m²) per annum
- Ample secure on-site basement car parking for 55 cars
- Conveniently positioned within proximity to a range of amenity including Westfield Miranda, Miranda Train Station and Sutherland Hospital
- Excellent street exposure with a commanding 21 metre frontage to Parraweena Road
- Flexible E4 General Industrial zoning allowing for a wide range of potential occupiers

All figures are approximate.

108 Parraweena Road, Miranda is offered for sale via Private Treaty.