Colliers are delighted to offer for sale, via expressions of interest campaign closing Wednesday June 15th at 4pm, 5 Kerr Court, Rowville. This rare industrial tenanted investment offers security and growth which is becoming an increasingly rare proposition in Melbourne East's highly sought-after precinct of Rowville.
5 Kerr Court is a modern full height pre-cast panel designed off/warehouse that presents in immaculate condition. The building area is 1,453m²* and situated on a total site area of 2,119m²*. The property is fully gated and with excellent on-site security.
The property is leased to the national business Bearing Thermal Resources Pty Ltd who has occupied 5 Kerr Court for since the facility was built.
Key Investment Highlights: - Passing net rent $195,000* per annum - Fixed 3.5% annual rental increases - 5 year lease with multiple further options (5.0* year WALE by income) - Long standing tenant in Bearing Thermal Resources Pty Ltd who utilise the site as their Australian headquarters - Core Rowville industrial precinct with excellent access to EastLink (M3) and the Monash Freeway (M1)
5 Kerr Court is an opportunity to purchase a long WALE industrial investment in a time when there is limited supply of investment grade tenanted industrial assets of this nature available in the market.
Please contact your exclusively appointed agents below to arrange an inspection.
No open inspections scheduled.
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Contact Harry Larwill to learn more about this property, request an inspection or take an online tour.
Block Size:2119 m²*
*These are approximate values based on available information.
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