Renewed 5 year lease to 2023 to Star Track Express.
Guaranteed rental growth –Fixed annual 3% rent increases.
Tenant pays all usual outgoings as per the Lease.
1,368 sqm despatch centre and warehousing facility incl high clearance warehouse, office, truck wash + drive around rigid access & extensive hardstand.
Future proof design with potential for expansion & addition of three loading bays.
Significant landholding of 6,142 sqm – ideal logistics location with easy access to major transport routes & Bendigo Airport.
Star Track: Australia’s largest delivery network. 16,000+ vehicles on the road, 11.9 million delivery points across the Australia Post network.
Net Income: $146,775 pa
Auction 11am AEST Wednesday 7 August 2019
River Room, Crown Casino, Melbourne
For more details, please email agent