"Lifestream has a high-profile street presence in a sought-after area, minutes from the Harbour Bridge and the Northern Motorway," Prentice says.
"This is a great opportunity for investors looking for a stable tenant in the popular Northcote industrial precinct."
Prentice says the industrial area may be relatively small and somewhat isolated from other North Shore industrial hubs, but it is close to the CBD.
"The property is at the southern end of Kawana St, 180m from its intersection with Lake Rd. From there, it's a short drive to the Onewa Rd motorway interchange."
Lifestream has been operating since 1980, and moved to its current premises two decades later.
"Leading status in the industry means this company enjoys a high level of loyalty with business partners and within the trade," Chand says.
Lifestream's purpose-built production facility features clean rooms for A-grade food production at the northern end of the warehouse.
The rear of the warehouse features concrete floors, part enclosing walls and a suspended ceiling with fluorescent light fittings and fixtures.
The first floor office features a large open-plan area, individual offices, and a tiled amenities area. Tenants have upgraded the offices over time.
The ground floor features an entrance foyer, a generously sized lunchroom with a stainless steel kitchen fitout, showers, a changing room, toilets, and a carpeted storage room.
Chand says the neighbouring properties are mainly other warehouses.
"The general presentation of buildings in the street is of high standard, while the surrounding residential area has become sought after in recent years."
