463-469 Cowra Avenue, MILDURA, VIC, 3500

+Renewed 5 year lease commencing 1st August 2022 plus options through to 2037

+Long Standing, Blue-chip tenant, a wholly owned subsidiary of listed giant, San Miguel Corporation listed (PSE Ticket; SMC) Philippines largest and most diversified conglomerates with leading businesses and investments in various sectors

+San Miguel Corporation is one of the Philippines largest employers and have over 100 major facilities in the Philippines, Southeast Asia, China, Australia and New Zealand

+Tenant pays all outgoings as per lease, including council rates, building insurance and land tax

+Attractive Annual CPI rent reviews

+Modern building of 3,476sqm* NLA plus 440sqm awning with significant capital intensive fit-out

+High profile 6,684sqm* land area with significant hard stand with beneficial dual frontage to both Cowra Avenue and Sandown Drive

+Industrial 1 zoning, located in one of the most proven and sought after Industrial and logistics precincts in Mildura

+Mildura: Bustling commercial centre of the Sunraysia and Murray River region, trade catchment circa 60,000 and growing

+Mildura City Council: largest settlement in the Sunraysia Region

+Potential 50% Stamp duty savings

+Rent: $278,000 pa + GST

For Sale by Investment Portfolio Auction

10:30am (AEST) Wednesday 3 August 2022

Crown Casino, Melbourne

Remember to mention you found this property on CommercialReady