WAREHOUSE + INCOME: VACANT WAREHOUSE WITH SECURE LEVEL 1 TENANT
Unit 18 11-21 Underwood Road, HOMEBUSH NSW 2140
Key Features
- Total Area: 279m²
- Ground Floor Warehouse: 126m² (vacant and ready to occupy)
- Level 1 Office: 153m²
- Net Income (Level 1): $44,681 per annum from long-term tenant
- Level 1 lease expiry: 1 February 2027, enabling future full occupation
- Strong rental reversion estimated at up to 20% for upcoming lease expiry
- 5 allocated car spaces
- Kitchenettes on both levels
- Male and female amenities on both levels
- Occupy the warehouse immediately while receiving income from Level 1, or plan for whole-building occupation in the future
About This Property
A rare opportunity for owner-occupiers to secure a versatile, modern unit within the highly sought-after Homebush Business Village. The property provides immediate access to a functional warehouse on the ground floor, complemented by a stable income stream from the existing Level 1 tenant. This configuration offers an ideal pathway for businesses wanting to occupy now while benefiting from income, with the option to expand into Level 1 upon lease expiry.
Located within the well-regarded Homebush Business Village, the asset benefits from excellent connectivity to Parramatta Road, Homebush Bay Drive and the M4 Motorway. The vacant ground floor is highly suited to warehouse users, storage and distribution operators, or businesses requiring a combination of office and technical space.
Additional Features
For further details, please contact Tim Paxton at GJS Property on 0432 760 274.
Property Details
Category
Office & Industrial
Parking Details
5
All areas are approximate.
Gallery
Location
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