SOLD

Broadmeadows 140 Northcorp Boulevard

Sold

$10.5M
Warehouse

SIZZLING INVESTMENT OPPORTUNITY - 5.5% return, way below replacement value

A rare opportunity to purchase an investment with long lease and secure tenant (food industry). Attractive yield, corporate business park location and a strong bank guarantee, this is a stand out investment. At close to land value (currently under rented) this is a real opportunity.

Office: 561m2
Processing, freezer + cool rooms: 2020m2
Warehouse: 2085m2
Total Building Size (approx): 4,666m2

Land Size 9,835m2

Summary of Lease Terms:
Lease Term: 5 years
Further Terms: Two further terms of 5 years each
Rental: $605,000p.a.+ GST + outgoings
Commencement: 1st January 2022
Increases: 3% or CPI whichever is the greater
Market reviews: at option - 1/1/27 and 1/1/32
Guarantee: Equal to $332,750 (6 months rental)

Features:
A grade tenant State of the art food processing facility Brand new food grade warehouse 1000amps of power (approx.) Impressive fitout Corporate Business Park 2.4km to Hume Hwy 2.6km to Northern Ring Rd 22km to CBD Melbourne produce market 11km away
Contact Drew Williams 0408 013 968 Today!

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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.



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Sold
$10.5M

Warehouse

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