20 Calarco Drive Derrimut, 3030 VIC

POSITION, EXPANSION, SECURE INCOME

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 System
- Excellent B-Double trailer access
- Multiple on grade roller doors
- Two recessed docks
- Large canopy
- Solar panels installed
- LED lighting

Contact Drew Williams 0408 013 968 for more information

Sold 20850000

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