Cameron is pleased to present this near new facility which is a great opportunity for investors. Sold with a seven-year term, fully secured lease that commenced in August 2021, you can invest with confidence. The rental will produce $475,248 pa, with a 3% annual review and option for two further five-year terms.
In a prime location, this property has excellent connectivity as it is close to the Pakenham township and freeway access. Additionally, it has an ample on-site car parks, wide access, and great truck access to and from the warehouse.
Rare stand-alone premises with a large land area of 8774 m², this property boasts a low-site coverage. The spacious land allows for a huge 5315 m² high-clearance warehouse with electric roller doors under a weather canopy, and an expansive two-level office.
Land area: 8,774 m² approx. Total Building area: 5,511 m² Warehouse: 4,900m² Ground floor office / Showroom: 414m² First floor office: 196m²
Property Features: - High internal clearance - Electric roller doors under weather canopy - Near new facility - Premium internal fit-out - Secure lease purchase as a going concern (GST waived)
Tenancy Details: Fully secured lease to T.C. Boxes Australia Pty Ltd Term: 7 years commenced August 2021 Rental: $475,248 P.A + GST + Outgoings Reviews: 3% annually Options: Two further terms of 5 years
With limited supply forecasted, please reach out to the exclusive agents from Cameron to secure this blue chip Pakenham investment today!
Features include: Fully Fenced,High Internal Clearance,Large Office Content,Yard Space
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A block's planning zone defines how that land can be used and what can be built on it.
A right to use a part of land owned by another person for a specific purpose. The most common forms of easements are for services, such as water, electricity or sewerage.
The value of a block of land without any buildings, landscaping, paths, or fences. This is different to the block's market value. A block's unimproved value is used to calculate rates and land tax charges.
This represents the shape of the geographical land. Closely spaced contour lines represent a steep slope. Widely spaced lines represent a gentle slope.
Allhomes acknowledges the Ngunnawal people, traditional custodians of the lands where Allhomes is situated. We wish to acknowledge and respect their continuing culture and the contribution they make to the life of Canberra and the region. We also acknowledge all other First Nations Peoples on whose lands we work.
"With open hearts and minds, together we grow." artwork by David Williams of Gilimbaa.