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SECURE INVESTMENT OPPORTUNITY

19 Grimes Court, DERRIMUT VIC, 3026

For Sale

Property for Sale in 19 Grimes Court, DERRIMUT VIC, 3026

Knight Frank Australia

Level 29, 120 Collins Street, Melbourne, VIC 3000

Listing ID:
11365600
Status:
Active
For:
Sale
Last Updated:
29/05/2020
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Property Type

Industrial/Warehouse/Industrial/Warehouse/Offices
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Land Area

N/A
Icon size

Floor Area

1232 SQM
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Parking

N/A

SECURE INVESTMENT OPPORTUNITY

Knight Frank is pleased to offer for sale 19 Grimes Court, Derrimut.

Located within a quiet court in the West Park Industrial Estate, 500 metres* from Robinsons Road. The site is situated only 2 km from the Western Freeway linking to the M80, 13 km from Port of Melbourne and 17 km from Melbourne CBD.

INVESTMENT HIGHLIGHTS:

- Initial net annual income: $90,000 + GST + Outgoings
- 5 + 5 + 5 year lease
- 3% annual increases with market reviews at end of each term
- Four (4) months' bank guarantee
- Outstanding covenant to Agressor, who is a proud supplier of goods and services to Australia Post, with a relationship spanning over 25 years.

PROPERTY FEATURES

- 1,820 sqm* total site area-
- 274 sqm* office area
- 858 sqm* warehouse area
- Huge front yard for excellent access & container storage
- High internal warehouse clearance
- Drive in/out hardstand
- Court location for easy truck movements
- Two container height roller doors

For further information, please contact Michael or Andrew.

*approx.

For more details, please email agent

Knight Frank Australia

Level 29, 120 Collins Street, Melbourne, VIC 3000


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