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5 Squires Way, Croydon South, VIC, 3136
Croydon South
GormanKelly is pleased to exclusively offer 5 Squires Way, Croydon South for Sale by Expressions of Interest, closing Wednesday 10th April 2024 at 2pm.
Lease
• 7 years from the 1st May 2021
• Current rent - $319,425.96 per annum net plus GST (land tax paid by tenant under a single holding basis)
• Option 2 x 3 years with annual increases at 3% and fair market review at the option
• Personal guarantee and 4-month bank guarantee bond
• Non-retail lease used by a 3PL operator established in 1983 as an independent parcel carrier, providing excellent service around the Melbourne Metro area
Building
• Modern 2,752 sqm office warehouse located in a prestigious industrial estate
• Titled land area of 3,920 sqm approx.
• Fully refurbished in recent years offering modern office accommodation
• 11m high approx. warehouse with full sprinkler system
• Large canopy for all-weather protection
• 3 access roller doors
• Generous car parking – 43
Area
• Located in the well sought-after Merrindale Estate
• Close proximity to main arterials
• Multiple cafés within easy walking distance
• Wide road networks and street parking.
PROPERTY VIDEO: https://youtu.be/bHzt0dPCYdA
Tenant info: https://www.swdwarehousing.com.au/
To obtain an Information Memorandum, Contract of Sale, and/or an Expression of Interest form or to arrange an inspection, please contact Jason Beveridge today!
Remember to mention you found this property on CommercialReady
GormanKelly is pleased to exclusively offer 5 Squires Way, Croydon South for Sale by Expressions of Interest, closing Wednesday 10th April 2024 at 2pm.
Lease
• 7 years from the 1st May 2021
• Current rent - $319,425.96 per annum net plus GST (land tax paid by tenant under a single holding basis)
• Option 2 x 3 years with annual increases at 3% and fair market review at the option
• Personal guarantee and 4-month bank guarantee bond
• Non-retail lease used by a 3PL operator established in 1983 as an independent parcel carrier, providing excellent service around the Melbourne Metro area
Building
• Modern 2,752 sqm office warehouse located in a prestigious industrial estate
• Titled land area of 3,920 sqm approx.
• Fully refurbished in recent years offering modern office accommodation
• 11m high approx. warehouse with full sprinkler system
• Large canopy for all-weather protection
• 3 access roller doors
• Generous car parking – 43
Area
• Located in the well sought-after Merrindale Estate
• Close proximity to main arterials
• Multiple cafés within easy walking distance
• Wide road networks and street parking.
PROPERTY VIDEO: https://youtu.be/bHzt0dPCYdA
Tenant info: https://www.swdwarehousing.com.au/
To obtain an Information Memorandum, Contract of Sale, and/or an Expression of Interest form or to arrange an inspection, please contact Jason Beveridge today!
Remember to mention you found this property on CommercialReady
5 Squires Way, Croydon South, VIC, 3136
Secure/no obligation
Step 1
Loan Variables
Adjust the inputs to explore your indicative finance options.
Estimated Purchase Price:
What you intend to pay for the property
Your Contribution:
The amount you’re investing
Min: 0% - Max: 90% of purchase price.
LVR:
Loan to Value Ratio
Min: 10% - Max: 100% of purchase price.
Loan Analysis
Yield Calculator
Yield Calculator
Step 1
Loan Variables
Adjust the inputs to explore your indicative finance options.
Estimated Purchase Price:
What you intend to pay for the property
Your Contribution:
The amount you’re investing
Min: 0% - Max: 90% of purchase price.
LVR:
Loan to Value Ratio
Min: 10% - Max: 100% of purchase price.
Loan Analysis
Full report
Please see your Loan Analysis below. The report has been emailed to you, as well as DIG Capital Advisory and the Listing Agent to follow up if needed.
Loan Analysis
