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Multi Million Dollar US Subsidiary - Merit Medical Austra...

44/328 Reserve Road, CHELTENHAM VIC, 3192

Sold

Property Sold in 44/328 Reserve Road, CHELTENHAM VIC, 3192

CVA Property Consultants Pty Ltd

18 - 20 Russell Street, Melbourne, VIC 3000

Listing ID:
11363438
Status:
Sold
Price:
Sale: $850,000 Lease: $60,000 Annual + Excl. tax
Last Updated:
17/10/2019
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Property Type

Industrial/Warehouse
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Land Area

N/A
Icon size

Floor Area

293 SQM
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Parking

N/A

Multi Million Dollar US Subsidiary - Merit Medical Australia

CVA Property Consultants is please to present this exceptional investment opportunity as part of the Hallmarc Business Park in Cheltenham.

This two level office and warehouse has just been leased to Merit Medical Australia Pty Ltd a subsidiary of US public company Merit Medical Systems Inc. for an initial term of 3 years with two further options of 2 years.
 
View tenant web site: www.merit.com

Rental return: $60,000pa + outgoings
New 3 year + 2 year + 2 year lease
Depreciation benefits
NASDAQ listed parent company - US $815m capitalised value.

 

Note tenant fit out currently in progress.

For more details, please email agent

CVA Property Consultants Pty Ltd

18 - 20 Russell Street, Melbourne, VIC 3000


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