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.
Portfolio Auction 139
11am (AEST) Wednesday 23 September
For more details, please email agent