High Profile Highway Investment 10 Year Lease to Secure National Tenant
Lot 2/192-208 Princes Drive , MORWELL VIC
Description
10 year Lease to 2020 plus options through to 2030.
Fixed 3% increases plus market review at options.
Lessee pays all usual outgoings including Land Tax.
Impressive modern purpose-built facility comprising 838 sqm plus solid 315 sqm service canopy.
The only Beaurepaires centre between Pakenham and the NSW border, servicing the entire Gippsland region.
Beaurepaires: Wholly owned subsidiary of Goodyear Tyre and Rubber Company (NYSE:GT) operating over 250 Beaurepaires outlets across Australia and New Zealand.
Morwell: Regional centre within Greater Latrobe Valley (population over 75,000) 145 km east of Melbourne.
Rent: $111,522 pa.
Property Details
Listing
Sale
Current Tenant
Tenanted
Occupancy Type
Retail
Building Area
1,153 SQM