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1/13-17 Princes Highway, SALE VIC, 3850

Sold
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Property Sold in 1/13-17 Princes Highway, SALE VIC, 3850

Burgess Rawson & Associates Pty Ltd

Level 7, 140 Bourke Street, Melbourne, VIC 3000

Listing ID:
11306779
Status:
Sold
Price:
Price on Request
Last Updated:
16/03/2020
Icon building

Property Type

Retail/Showrooms/Bulky Goods/Industrial/Warehouse
Icon square

Land Area

N/A
Icon size

Floor Area

533 SQM
Icon parking

Parking

N/A

ASX Listed Tenant on New 10 Year Lease

Brand new 10 year lease plus options to March 2041
Tradelink: Wholly owned subsidiary of ASX listed Fletcher Building Limited: Global giant with a market capitalisation of over $3.68 billion (AUD) – 228 locations throughout Australia
Fixed annual rental increases/Tenant pays all usual outgoings
Immaculate newly constructed showroom of 533 sqm with rear access, loading and car parking on-title
Strategic automotive and commercial precinct with 13 metre frontage and exposure to Princes Highway, 15,000 vehicles passing daily
Single tenant minimum management investment
Excellent tax saving depreciation benefits
Sale: Capital of the Wellington Shire Council, a vibrant diverse economy driven by offshore oil and gas, RAAF base, dairy & farming etc – catchment 32,000+
Rent: $86,700 pa

Auction 11am AEST Wednesday 1 August 2018
River Room, Crown Casino, Melbourne

For more details, please email agent

Burgess Rawson & Associates Pty Ltd

Level 7, 140 Bourke Street, Melbourne, VIC 3000


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