A-Grade Triple Net Tenanted Investment
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5 Kerr Court, Rowville VIC 3178

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IndustrialSize: n/a
Block size: 2119 m² approx.
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.

*Approximately

Inspections

No open inspections scheduled.

Send an enquiry

Contact Harry Larwill to learn more about this property, request an inspection or take an online tour.

Key details

Property Type:Industrial
Lot:14
Plan:PS547255
Block Size:2119 *
*These are approximate values based on available information.
Colliers International | Melbourne East

Maps and area information

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Block information
Block size: 2119 (approx)
Legal description: 14\PS547255
Block Map
Measurements are estimates only and based on data provided under licence from © PSMA Australia 2022.
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Property history

Suburb and property insights

Average Age
40 years
Population
33,672
Rowville's Property Profile
Rowville's Occupancy

Contact agents

Colliers International | Melbourne East

Colliers International | Melbourne East

View agency details
Harry LarwillColliers International | Melbourne East
Daniel TellingColliers International | Melbourne East
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Listing ID: 180640265. This listing has been viewed 0 times. It was first displayed on 18/05/2022 and last updated on 23/05/2022.