14 Brennan Close, Asquith, NSW 2077

An outstanding opportunity to acquire a freestanding industrial investment offering strong existing income together with substantial future development potential.

Positioned on a generous 1,973sqm landholding*, the property is currently improved with a well-established complex of four warehouse units totalling approximately 968sqm of NLA, with the added benefit of a significant portion of undeveloped land.

The property currently generates $160,599.72 p.a. Gross + GST from Units 1, 2 and 3, while Unit 4 is currently vacant and being marketed for lease at $45,000 p.a. Gross + GST.

Adding considerably to the property's appeal is an existing Development Approval for a further five industrial units, which would increase the overall development to nine units and approximately 1,664sqm of total NLA.

Offered on a single freestanding title with no strata, the property presents an attractive opportunity for investors, developers and owner-occupiers seeking an established income-producing asset with a clear pathway to unlock further value.

Property Highlights:
- Freestanding industrial investment on 1,973sqm of land*
- Existing four-unit warehouse complex
- Approximately 968sqm existing NLA*
- Three units currently leased
- Current gross income of $160,599.72 p.a. + GST, 
- Unit 4 advertised $45,000pa Gross + GST, totalling approx $205,000pa Gross + GST
- Existing DA for an additional five industrial units
- Proposed development increases total NLA to approximately 1,664sqm
- Significant undeveloped portion of the site providing future upside
- Single title with no strata