SUPERB INVESTMENT OPPORTUNITY!

16,762m² approx land area
11,752m² approx floor area
Sold $13,500,000

An outstanding investment opportunity, located in the finest estate in Melbourne's booming Northern industrial region. A high quality building with first class tenant in an industry that is thriving in the current environment.

Office: 967m2
Warehouse: 10,785m2
Total Building: 11,752m2

Land Area: 17,000m2

Lease Details:
Tenant: Australian Brushware Corporation Pty Ltd
Lease Term: 4.25 Years Commenced 1/5/2020, Expires 31/7/24
Options: Two Further terms of 2 years
Notice Period: 12 Months prior to lease end
Rental: $925,000pa + GST + Outgoings
Rental per sqm: $78m2
Bank Guarantee: $693,750
Increases: 3% pa fixed with market review at option

Features:
- “A grade” modern building
Superb Estate environmentInternational Corporate tenantSubstantial bank guaranteeLocated in the heart of Melbourne's Northern growth corridorPurchaser has the first right of refusal to purchase adjoining land of 6009sqm Same tenant has occupied since 2006
Virtual Tour:
https://my.matterport.com/show/?m=FRp9QjeMVBd&brand=0

Contact Drew Williams 0408 013 968 Today!


Location Map

Agents

Drew Williams
Drew Williams Industrial Specialist - Director

Property Information

  • Land area approx 16762.00sqm
  • Floor area approx 11752sqm

This property was sold by

83 High St Thomastown VIC 3074
Drew Williams
Industrial Specialist - Director
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