High Quality Cold Storage Facility Leased to Parmalat Ltd – Circa 10% Return

18 alstonvale court, bendigo vic

Price: On Request

  • Leased To Parmalat To 2021 + Option
  • Tenants Pay All Usual Outgoings
  • Fixed 3.5% Annual Rent Increases

Property Details

Purpose built cold storage facility leased to Parmalat Limited to 2021 plus 5 year option
Tenant pays all usual outgoings
Fixed 3.5% annual rent increases
Significant Industrial 1 Zone landholding of 3,950 sqm with easy access to major arterials – neighbours include StarTrack Express
High quality cold storage infrastructure built to tenant requirements
Includes well maintained admin office of 100 sqm, 390 sqm warehouse, surrounding hardstand and rear hydraulic levelling docks
Parmalat Ltd: Global provider of dairy & food products employing over 36,000 people across 18 countries
Greater Bendigo: Victoria’s third largest urban centre with a growing population of over 113,000 – forecast to increase to 145,000 by 2031
Rent: $251,336 pa

Featured Details

Current Tenant Tenanted
Gross Building Area 490 sqm
Land Size 3,950 sqm
Rent Period Annually

Property Enquiry

Regarding Property ID: VIC002309

Thank you for showing interest in us.

Contact Details

Office Details

Level 7, 140 Bourke Street, Melbourne VIC 3000

T 03 9613 0400 E reception@burgessrawson.com.au

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