Magnificent Modern Industrial Trophy

Burgess Rawson is pleased to offer to the market, 2 Paspaley Street, Hume for sale via our Auction Investment Portfolio 156.

The property has the following investment highlights:

+ 10 year lease to 2027 plus options to 2042
+ Established since 1856, Viridian is the largest glass processor in Australia
+ Net lease, tenant responsible for all outgoings including property management and repairs and maintenance
+ Compounding 2.75% annual rent increases ($653,565 pa* in 2026)
+ Brilliant 4,060sqm* purpose built industrial facility constructed in 2016 providing depreciation benefits
+ Versatile clear span warehouse, gantry cranes and B-Double access
+ Gateway position just off the Monaro Hwy, under 15km* from Canberra CBD
+ Net Income: $602484 pa* + GST

To be sold by Investment Portfolio Auction
10:30am (AEDT) Tuesday 25 October 2022
Yallamundi Rooms, Sydney Opera House

*approx.