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13-17 Industrial Place, BREAKWATER VIC, 3219

Sold
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Property Sold in 13-17 Industrial Place, BREAKWATER VIC, 3219

Burgess Rawson & Associates Pty Ltd

Level 7, 140 Bourke Street, Melbourne, VIC 3000

Listing ID:
11392514
Status:
Sold
Last Updated:
14/10/2020
Price:
Price on Request
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Property Type

Industrial/Warehouse/Retail/Showrooms/Bulky Goods
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Land Area

3787 SQM
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Floor Area

1931 SQM
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Parking

N/A

Strategic, Freestanding Industrial Investment

Industrial: The most sought-after commercial property type**.
Secure net lease, renewed leased to July 2024 plus options.
Award winning tenant: Till Hino Sales and Service, a top dealer for Hino Trucks Australia, recently expanded to Ballarat.
Booming light truck sector: In June Hino Australia broke its record number of monthly sales***. In Victoria, increased demand for light trucks is largely being driven by 157% growth in online shopping deliveries****.
Annual fixed, compounding 3.5% rent increases.
Significant 3,787 sqm* site with easy access.
Modern 1,931 sqm* high-clearance, clear-span warehouse.
High-activity industrial precinct, 3.5km* from Geelong CBD, with 0% vacancy rate above 500 sqm** and over 100 new warehouses/factory units recently completed or under construction.
The Breakwater Estate supports 2,747 jobs***** with major employers including Bunnings Trade, CSR, Coles Group, Steggles (La Ionca) Chicken, Mainfreight and Barwon Water, all within 750 metres*.
Greater Geelong: One of Australia’s fastest growing regions, forecast to add 129,936 new residents by 2041*****.
Estimated Net Rent: $187,057 pa.
Strategic essential service investment.


*Approximately
**realcommercial.com.au
***ownerdriver.com.au
****The Age
*****Remplan
******.id

Portfolio Auction 139
11am (AEST) Wednesday 23 September

For more details, please email agent


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Burgess Rawson & Associates Pty Ltd

Level 7, 140 Bourke Street, Melbourne, VIC 3000


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