Information Memorandum
1/13 Machinery Drive
Tweed Heads South
CONTENTS
Introduction
Property Highlights
Executive Summary
The Property
Property Features
Building Description
Financial Summary
Lease Schedule
Floorplan
Agent Comments
Aerial
INTRODUCTION
Rare Industrial Freehold: Featuring long term National tenants & Exceptional Main Road Exposure
DJ Stringer Commercial Property, as exclusive sales agents, proudly present an outstanding chance to own a valuable freehold investment on one of the Tweed’s busiest arterial roads.
This property comes with a low-risk long term well-established national tenant and excellent visibility to over 50,000* passing vehicles each day. Being offered to the market for purchase for the first time in over 15 years.
This property is being sold as an “Expressions of Interest” with all offers being presented immediately to the owner for consideration and response.
PROPERTY HIGHLIGHTS
• Securely Leased to long term National tenants
• Ample easy parking
• Immaculate Retail/Showroom space in one of the best commercial streets in the Tweed
• Air conditioned, high ceiling, Retail / Showroom / Trade desk / Warehouse
• Excellent Exposure in central location on Machinery Drive
• Own Amenities
• Easy access to main arterial roads and the M1 Motorway
EXECUTIVE SUMMARY
13 MACHINERY DRIVE, TWEED HEADS SOUTH
Title Details
Lot 1 DP718993
Land Area 1664.00 SQM
Building Area Total 729.00 SQM
NLA 575.00 SQM
Local Authority Tweed Shire Council
Property Zoning Zone: E3
Zone Description: Productivity Support
THE PROPERTY
This is a landmark opportunity to acquire part of one of the most sought-after vibrant and exclusive commercial, retail precincts within the incredibly land constrained and highly sought after Tweed Heads South industrial precinct. This property represents an outstanding opportunity to purchase a Retail / Commercial facility with two street frontages within the popular Tweed Commercial precinct and offers a rare opportunity to secure a site underpinned by outstanding fundamentals.
PROPERTY FEATURES
The retail/commercial freehold offering is occupied by TRADELINK. The property currently generates an Annual Net income of approx. $139K, plus all Outgoings, plus GST.
Located on prominent Machinery Drive - the most heavily trafficked section on the Tweed Coast region. Situated so close to the M1 Motorway, Major Retailers, Tweed Shopping Centre and a plethora of big-name retail businesses, this Activity Centre is growing more popular every day.
BUILDING DESCRIPTION
The existing facility at 1/13 Machinery Drive is a commercial/retail building constructed with concrete tilt panel walls, steel framed roof, insulated metal deck roofing, glazed man shopfront.
• Clear span retail area with separate trade desk and separate warehousing.
• Combination of natural and led and low voltage lighting.
• Hardstand component, separate street access for loading and unloading.
• 3 phase power and full utilities.
FINANCIAL SUMMARY
INCOME
Total net income: $139,000.00 PA
OUTGOINGS
Council rates = $6919.00 PA
Water Rates = $563.00 PA
Land tax = $11,588.00
Building Insurance = TBA
100% OF ALL OUTGOINGS ARE RECOVERABLE FROM THE TENANT
LEASE SCHEDULE
TRADELINK
Current lease commenced April 2021 (Covid Period)
Current lease expires – 31 March 2027
Options - 5 year + 5 years
CPI increases each year during each year term
Market review at end of each term
