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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
Icon building

Property Type

Industrial/Warehouse/Industrial/Warehouse/Offices
Icon square

Land Area

N/A
Icon size

Floor Area

1232 SQM
Icon parking

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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