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
Drew Williams