Thomastown 57 Northgate Drive

Rutherfords are pleased to offer this outstanding investment located in the heart of Thomastown. This building is a large manufacturing site secured by outstanding tenants with long term leases. The site features dual street access, high power and gas supply along with huge front and rear loading areas.

Total Building Size: 13,667sqm
Total Land Area: 28,570sqm

Property Features:
Large Power and Gas Supply 2 Street Access Recessed Docks Front and Rear Yard and Loading Partitioned and Open Plan Offices Superb Freeway Access Huge Frontage Located in one of Thomastown's best streets
Lease Details:

57A Northgate Dr, Thomastown:
Tenant - Howe & Company (Howe Leather)
Commencement Date - 1/12/18
Lease Term - 7 years
Current Rent - $930,000.00 + Gst and Outgoings
Increases - Fixed 3%
Security - $425,000.00

57B Northgate Dr, Thomastown:
Tenant - Worthington Composites
Commencement Date - 4/5/19
Lease Term - 5 years
Current Rent - $122,520.00 + Gst and Outgoings
Increases - Fixed 4%
Security - $31,242.75

Please Contact Bryce Williams on 0408 166 291 to inspect.

Disclaimer:
The information contained in the material Rutherfords has supplied (the "information") is for general information purposes only. Rutherfords assume no responsibility for errors, representations, or omissions in the contents of the information.

In no event shall Rutherfords be liable for any special, direct, indirect, consequential, or incidental damages or any damages whatsoever, whether in an action of contract negligence or other torts, arising out of or in connection with the use of the Information or the contents of the information. Rutherfords reserves the right to make additions, deletions or modification to the contents of the information at any time without prior notice.