Derrimut 20 Calarco Drive

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POSITION, EXPANSION, SECURE INCOME

21,322m² approx land area

9,100m² approx floor area

Sold $20,850,000

Superbly positioned, securely leased and expansion upside.

Office: 1,100m2
Warehouse: 8,000m2
Total Building: 9,100m2

Land Area: 21,300m2

Tenant: Cryer Malt Australia
Lease Term: 10 years
Lease commencement date: 1st April 2021
Lease expiry: 31st March 2031
Options: Two further terms of 5 years each
Notice period: Minimum 9 months notice to exercise option
Increases: 2.5%pa
Bank Guarantee: $360,360
Use: Non retail - warehouse, production and distribution

Two further leases with: Optus and Telstra long term mobile phone tower leases

Current combined rental: $695,611pa+gst+outgoings

Features:
Just off the diamond interchange of Western Fwy and Robinsons Rd interchange Close proximity to Melbourne Ports, CBD and Airports Expansion land of approximately 2000sqm*Three crossovers to Calarco Dve ESFR Sprinkler SystemExcellent B-Double trailer accessMultiple on grade roller doorsTwo recessed docksLarge canopy Solar panels installedLED lighting
Contact Drew Williams 0408 013 968 for more information