AND Property is excited to exclusively present an opportunity to secure this industrial investment in one of Victoria's fastest growing markets. This strategically positioned asset neighbours some of the countries most prominent operators including PetStock, Daikin, DHL, and the Coles distribution centre.
AND the property highlights:
- Total Building Area: 527sqm* Inc 50sqm 1st floor Office
- 7.5m clearance/clear span warehouse
- Container height roller door
- Staff amenities
- Secure gated entry
- 7 x on site parking
- Applied zoning IN3Z
AND the investment overview:
- Tenant: BNS TIMBER PTY LTD: https://bnstimber.au/
- Annual net income: $54,327* per annum + GST & outgoings
- Term: 2 years + 2 years + 2 years
- Commenced: February 1st 2021
- Fixed Annual increases: 3.5%
- Security bond: $8,166 (Equivalent 2 x months rent)
The property is located within the tightly held Westside Industrial Estate and developed by the Goodman Group, and is serviced by major arterials including Palmers Road, Leakes Road, Princes Freeway & Western Freeway.
Inspections can be arranged on request, please contact the AND Property team for further information.
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