Expression of Interest closing Fri, 3rd April at 4:30pm
108 Mitchell Street, Maidstone - Strong tenant backed by internationally listed global company| Long Lease | 9,223 sqm Land | Corner Site | 8 km to CBD
Offered to the market for the first time in over 30 years, this is a rare opportunity to secure a substantial, income-producing industrial asset in Melbourne's tightly held inner-west.
Positioned on a prominent 9,223 sqm corner landholding, the property is improved with approx. 4,738sqm warehouse and office facility and underpinned by a long-term 10 + 5 + 5 year lease to a strong established tenant.
Investment Highlights
• Secure long-term lease to established occupier
• 10 + 5 + 5 year lease profile (strong WALE)
• Annual rent increment plus market rent review every 5 years
• Large 9,223 sqm landholding
• Substantial 4,738sqm built-up facility
• Corner site with excellent access and circulation
• Approx. 80-100 on-site car spaces
• Industrial 3 Zone (IN3Z)
• Prime inner-west location approx. 8 km from Melbourne CBD
• First time offered in 30+ years
A rare "set and hold" industrial investment combining secure income with long-term land value in a supply-constrained inner-metro market.
Contact today for more information: Ankit Tandon 0458 605 447 / [email protected] or Patrick Mammone 0405 555 000 / [email protected].
Interested parties should conduct their due diligence prior to making any submissions. Particulars given are for general information only and do not constitute any representation on the part of the vendor or agent. Due Diligence Checklist - http://www.consumer.vic.gov.au/duediligencechecklist
Remember to mention you found this property on DevelopmentReady
Expression of Interest closing Fri, 3rd April at 4:30pm
108 Mitchell Street, Maidstone - Strong tenant backed by internationally listed global company| Long Lease | 9,223 sqm Land | Corner Site | 8 km to CBD
Offered to the market for the first time in over 30 years, this is a rare opportunity to secure a substantial, income-producing industrial asset in Melbourne's tightly held inner-west.
Positioned on a prominent 9,223 sqm corner landholding, the property is improved with approx. 4,738sqm warehouse and office facility and underpinned by a long-term 10 + 5 + 5 year lease to a strong established tenant.
Investment Highlights
• Secure long-term lease to established occupier
• 10 + 5 + 5 year lease profile (strong WALE)
• Annual rent increment plus market rent review every 5 years
• Large 9,223 sqm landholding
• Substantial 4,738sqm built-up facility
• Corner site with excellent access and circulation
• Approx. 80-100 on-site car spaces
• Industrial 3 Zone (IN3Z)
• Prime inner-west location approx. 8 km from Melbourne CBD
• First time offered in 30+ years
A rare "set and hold" industrial investment combining secure income with long-term land value in a supply-constrained inner-metro market.
Contact today for more information: Ankit Tandon 0458 605 447 / [email protected] or Patrick Mammone 0405 555 000 / [email protected].
Interested parties should conduct their due diligence prior to making any submissions. Particulars given are for general information only and do not constitute any representation on the part of the vendor or agent. Due Diligence Checklist - http://www.consumer.vic.gov.au/duediligencechecklist
Remember to mention you found this property on DevelopmentReady
108 Mitchell Street, Maidstone, VIC, 3012
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