23 Prince of Wales Avenue

Premium Industrial Asset Leased to FedEx MMJ Wollongong is pleased to present 23 Prince of Wales Avenue, Unanderra, a rare opportunity to acquire a substantial blue-chip industrial asset in a market where such quality stock is in short supply. Key Highlights: - New 5 + 3 year lease to FedEx Express Australia Pty Ltd - Generating a passing income of $679,723 p.a. net + GST - Tenant responsible for 100% of all statutory outgoings - Strong occupancy history with the existing tenant - Three separate titles forming a substantial 8,839m² land holding - Featuring an expansive 3,574m² warehouse/office facility - Sought-after E5 Heavy Industrial zoning - Located in the heart of Unanderra's industrial precinct