Unit 17 is a very well presented industrial unit completed in 1999, which includes both office and warehousing space. The property is roughly 50/50 split between office and warehouse. The warehouse includes a mezzanine and offers 4.4m clearance throughout. The Lessee is currently updating the fitout in the warehouse to accommodate the needs of its security business. This will include some strong room areas and associated storage. There is also a kitchen and two bathrooms on the ground floor.The office space includes ducted air conditioning, 2 separate office/meeting rooms, a small storage space and has large amounts of natural light coming through the glazed front facade.

The property is currently owned by the Directors of Security Specialists Pty Ltd who lease the unit to their business. Security Specialists has been in occupation of the property since 2011. Associated companies also occupy the two units on either side of the property (under individual leases). This gives the companies associated with Security Specialists a total tenancy within the estate of approximately 980m2. Please note that there is currently a doorway between the company's tenancies in Units 16 & Unit 17, and Security Specialists is responsible for closing off and making good this doorway when they vacate.

The Directors of Security Specialists are selling the property in order to re-invest funds into the growth of the business. Security Specialists is leasing back the property for 5+5 years at a commencing rental of $61,250 plus outgoings plus G.S.T. The Lessee is providing a four month security bond and net rent will increase 3% pa. Lease commencement for the five year term will be aligned with exchange of contracts, in order to ensure that the new owner benefits from a full five year terms. The rent has been set at $245/m2 pa net which is in line with market rents in the area.

The Tenant Security Specialists has been established for over 30 years and operates in 17 locations around Australia & New Zealand. The company holds master security licenses in NSW, QLD, SA, WA & Vic as well as equivalent certification in NZ. Security Specialists offers a wide array of cash handling and security services and more information can be found at www.securityspecialists.com.au.

This is a rare and outstanding opportunity to acquire a quality industrial unit in the tightly held Gladesville Market, with the benefit of a long term lease to a well-established tenant. For further details, inspections or a copy of the lease please contact Jason Glass.
Located in the heart of the Gladesville Industrial area only a short drive to the City and to Parramatta. The property is located on Buffalo Road which is two streets back from Victoria Road.