PROPERT Y NEWS
Unit sells in new Somersby industrial complex $2,920 per sqm for Charmhaven factory unit
A buyer has paid $$589,900 plus GST for a 202 sqm factory unit in a recently completed complex at 4 Fairmile Close, Charmhaven. The complex comprises 14 units built on a 5,650 sqm site developed by Sydney developer SD Group. The sales were negotiated by Rick O’Toole from DiJones Commercial.
Unit 6 at 37-39 Somersby Falls Road, Somersby has sold to a Sydney investor for $720,000 (GST not applicable). The 201sqm unit is part of a recently completed 14-unit complex by Sydney developer Somersby Property Group Pty Ltd.
The unit was sold with a 3 x 3 year lease in place at a rental of $32,000 net per annum + GST giving the buyer a 4.4% per annum yield. Karen Aubrey from LJ Hooker Commercial Central Coast negotiated the sale.
Begin with the No. 1 NUMBER OF SALES 2021-2022 TOP OFFICE INTERNATIONALLY
(02) 4353 7700 Suite 401/1 Bryant Drive, TUGGERAH NSW 2259
87 Mann Street, GOSFORD NSW 2250
CENTRAL COAST BUSINESS REVIEW MARCH 2022
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