Lot 3, 4-6 Aquatic Drive, Frenchs Forest
COMMERCIAL | for sale
Delmege Property Group is pleased to exclusively present Lot 3, 4-6 Aquatic Drive, Frenchs Forest — a high-quality industrial investment opportunity positioned within one of the Northern Beaches’ most tightly held and strategically important commercial precincts.
Securely leased to D&D Technologies, part of the global ASSA ABLOY Group, the property provides investors with the rare opportunity to acquire an industrial asset underpinned by a strong corporate tenant covenant and a proven long-term occupancy history.
D&D Technologies has operated from 4-6 Aquatic Drive for over 20 years, consolidating its presence within the complex by occupying three adjacent lots, representing a combined strata area exceeding 6,500 sqm. The tenant’s long-term commitment to the location has been further reinforced through significant investment in its premises and the execution of a new 4 + 4 year lease in 2026, extending through to 2034.
Investment Highlights:
- Securely leased to D&D Technologies (ASSA ABLOY Group)
- New 4 + 4 year lease extending through to 2034
- Net lease structure with tenant responsible for 100% of outgoings (as per lease)
- Fixed annual rental increases providing secure income growth
- Strong corporate tenant covenant with ASSA ABLOY listed on Nasdaq Stockholm and operating globally across 70 countries
- High-clearance clear-span warehouse with over 6.4m clearance
- Quality office/showroom accommodation with natural light
- 19 undercover and open-air on-grade car spaces attached to title
- Total strata area of 1,047 sqm
- Net Income: $191,482 per annum (ex. GST)
*All areas and financials are approximate only. Interested parties are advised to conduct their own independent due diligence.