This superbly positioned investment offers secure long term income with future development and potentially higher use upside. Only 12kms from Melbourne CBD and minutes from the West Gate Fwy.
Total Building: 3,556m2 Land area: 6,678m2
Tenant 1: Stadium of Dreams Pty Ltd Rental: $200,000 pa + GST + Outgoings Increases: 3.5% increase pa Term: 5 years + 2 x 5 year terms Commencement: April 1 2019 Bank Guarantee: Equal to 3 months rental Building area occupied: 2456sqm
Tenant 2: Watson Express Transport Rental: Y1 - $65,000 + GST + Outgoings Y2 - $70,000 + GST + Outgoings Y3 - $75,000 + GST + Outgoings Increases: 3.5% increase pa after year 3 Term: 5 years + 3 year option Commencement: April 1 2019 Building area occupied: 1100sqm
Features: 12km from Melbourne CBD and Melbourne Sea portsEasy access via nearby Freeway networks Fully renovated buildingExtensive tenant fit out Superb warehouse heightExcellent accessLarge Yard65 car spaces Contact Drew Williams 0408 013 968 Today!
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Drew Williams