Rare Cold Storage Facility in Prime Distribution Location

48 jesica street, campbellfield vic

Price: For Sale by Auction

  • Triple Net Lease
  • Largest Meat Processor
  • Global giant

Property Details

Auction 11am AEDT Wednesday 27 February 2019
River Room, Crown Casino, Melbourne

17 year triple net lease to 2028
10 year option to 2038
Rare Triple Net lease- tenant pays all outgoings incl. land tax
Leased to national giant Primo Smallgoods
Primo smallgoods: now a subsidiary of JBS, the largest meat processing company in the world with over $70bn in annual revenues
Strategic location close to Sydney Road and Hume Highway, ideal for logistics/distribution
Large 4,317 sqm land area with 2,180 sqm building
All warehouse areas temperature controlled with a mix of chilled and frozen areas
Annual CPI rent increases
Net Income: $267,915 pa + GST (inclusive of Apr-19 review of 2.0%)

Featured Details

Current Tenant Tenanted
Gross Building Area 2179 sqm
Land Size 4,317 sqm
Rent Period Annually

Property Enquiry

Regarding Property ID: NSW003451

Thank you for showing interest in us.

Contact Details

Office Details

Level 18, 15 Castlereagh Street, Sydney NSW 2000

T 02 9232 6288 E sydney@burgessrawson.com.au

Similar Properties

  • Sold
    Strategic Freestanding Retail Investment

    24-26 mair street, ballarat central vic

  • Sold
    Renewed 5 Year Lease – Pharmacy For Over 37 Years

    136-140 fairy street, warrnambool vic

  • Sold
    Brand New Development – Brand New 15 Year Lease To Westside Petroleum

    226-242 princes drive, morwell vic