ASX Listed Tenant on New 10 Year Lease

1/13-17 Princes Highway , Sale VIC

Property Highlights

Brand New Showroom Leased To Tradelink
Single Tenant, Minimal Management
Fixed Annual Rental Increases


Brand new 10 year lease plus options to March 2041
Tradelink: Wholly owned subsidiary of ASX listed Fletcher Building Limited: Global giant with a market capitalisation of over $3.68 billion (AUD) – 228 locations throughout Australia
Fixed annual rental increases/Tenant pays all usual outgoings
Immaculate newly constructed showroom of 533 sqm with rear access, loading and car parking on-title
Strategic automotive and commercial precinct with 13 metre frontage and exposure to Princes Highway, 15,000 vehicles passing daily
Single tenant minimum management investment
Excellent tax saving depreciation benefits
Sale: Capital of the Wellington Shire Council, a vibrant diverse economy driven by offshore oil and gas, RAAF base, dairy & farming etc – catchment 32,000+
Rent: $86,700 pa

Auction 11am AEST Wednesday 1 August 2018
River Room, Crown Casino, Melbourne

Property Details

Current Tenant
Building Area
533 SQM

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