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Exceptional Industrial Investment Leased To Public Compa...

3-6/18-20 Law Court, SUNSHINE WEST VIC, 3020

For Sale

Property for Sale in 3-6/18-20 Law Court, SUNSHINE WEST VIC, 3020

CVA Property Consultants Pty Ltd

18 - 20 Russell Street, Melbourne, VIC 3000

Listing ID:
11367025
Status:
Active
For:
Sale
Price:
Contact Agent
Last Updated:
16/01/2020
Icon building

Property Type

Industrial/Warehouse
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Land Area

10694 SQM
Icon size

Floor Area

5591 SQM
Icon parking

Parking

N/A

Exceptional Industrial Investment Leased To Public Company Subsidiary

A unique opportunity to purchase a fully leased industrial asset leased to a national tenant boasting future flexibility to accommodate up to four occupiers.

The property provides a total building area of 5,591m2* over two separately titles with a site area of 10,694m2;

Units 3 & 4: 2,914m2* (including 298m2* single level offices); 
Units 5 & 6:  2,677m2* (including 381m2* single level offices); 

The well designed units feature high clearance warehouse of 8.2m*, B double access, concrete loading bays, a total of 7 container height roller shutter doors and 81 on-site car spaces.

Fully leased to national tenant ACM Parts, a subsidiary of Suncorp Ltd, the investment can be summarised as follows;

Rent: $429,896.25 p.a. net
Commencement Date: 1st October 2018
Term: Two (2) years and 10 months
Options: Two further terms of two (2) years
Review: 3% annual increases

Positioned in a highly sought industrial pocket of Sunshine West, the property is 400m* from Somerville Road, 700m* from Fairbairn Road and 2.5km* from the Western Ring Road.

For further information or to arrange an inspection,  please contact CVA Property Consultants.

*Approx.
Pricing excludes GST

For more details, please email agent

CVA Property Consultants Pty Ltd

18 - 20 Russell Street, Melbourne, VIC 3000


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