1.8ha Metro Site | Major Building Upgrade 2023
360-366 Settlement Road , Thomastown VIC
Property Highlights
Description
Burgess Rawson, in conjunction with Killen Thomas and Mulcahy Butera, are pleased to offer to the market an exceptional logistics/manufacturing investment in Thomastown VIC for sale via Expressions of Interest.
+ Brand new Twelve (12) year lease plus options through to 2045
+ Fixed annual compounding 3.5% rent increases – assuring growth
+ Tenant pays all usual outgoings including Land Tax
+ Networkpak: 50+ Year Success Story & Counting – packaging giant since 1972, major retail sectors include food, beverage, pharmaceutical, cosmetics etc
+ Strategic tenant choice metro location with significant power supply
+ Huge 18,050sqm* freehold site including 8,000sqm* hardstand and on-site parking
+ Industrial 1 zoning (IN1Z).
+ Impressive 9,130sqm* facility including 8,074sqm* warehousing space and modern two level 1,056sqm* office and amenities.
+ Major capital upgrade and expenditure 2023
+ Significant taxation saving depreciation.
+ Tightly held metro industrial pocket 15 km* north of Melbourne CBD, with easy access to arterial road network.
+ Rent: $1,071,290 pa* + GST
To be sold via Expressions of Interest
Closing 14th June 2023
4:00pm AEST
Property Details