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.
Property Highlights
• Land Area: 9,223 sqm approx. Corner Site
• Warehouse + Office: 4,738sqm approx.
• Industrial 3 Zone (IN3Z)
• Potential to be rezoned to MUZ (STCA)
• Stone's throw from Highpoint shopping centre
• Approx. 8kms from Melbourne CBD
Lease Highlights
• Blue chip tenant - internationally listed global company
• 10 + 5 + 5 year lease profile (Long WALE)
• Triple Net Lease
• 4% annual rent increment PLUS market rent review every 5 years with a lower ratchet
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
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.
Property Highlights
• Land Area: 9,223 sqm approx. Corner Site
• Warehouse + Office: 4,738sqm approx.
• Industrial 3 Zone (IN3Z)
• Potential to be rezoned to MUZ (STCA)
• Stone's throw from Highpoint shopping centre
• Approx. 8kms from Melbourne CBD
Lease Highlights
• Blue chip tenant - internationally listed global company
• 10 + 5 + 5 year lease profile (Long WALE)
• Triple Net Lease
• 4% annual rent increment PLUS market rent review every 5 years with a lower ratchet
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
Step 1
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Loan Analysis