Modern Industrial Freehold Leased to Victorian Glazing Icon | 10 Year Lease Plus Options to 2042

Description

CBRE together with Alex Scott & Staff are pleased to offer to market the ‘Taranto Window & Doors’ investment in Korumburra VIC for sale via our Investment Portfolio Auction 185.

This opportunity has the following key investment highlights:

+ Ten (10) year net lease to December 2032.
+ One further Ten (10) year option to 2042.
+ Taranto’s – Victorian glazing icon since 1960, operating 80+ staff across 4 locations and growing. (1)
+ Annual CPI rent reviews (minimum 2%), assuring income growth.
+ Investor preferred net lease terms with Taranto responsible for all usual outgoings including land tax.
+ Modern tilt slab construction (2022) comprising 404sqm* office and 1,000sqm* high clearance warehouse.
+ Substantial 4,228sqm* freehold landholding with 122m* dual street frontage, 28 on-site car spaces plus additional hardstand.
+ As new construction (built 2022) offering modern infrastructure, providing significant tax savings depreciation – potential 37% allowance Year 1. (2)
+ Prominently positioned within Korumburra’s rapidly expanding Industrial Estate, with direct South Gippsland Highway access.
+ Korumburra: gateway to South Gippsland’s $2.5 billion economy, servicing a regional catchment of 30,800+ residents across a thriving agricultural and commercial hub. (2)
+ Potential 50% stamp duty savings.
+ Net Income: $214,691 pa* + GST.

For Sale by Investment Portfolio Auction
10:30am AEST Wednesday 24 June 2026
Garden Room – Crown Casino, Melbourne

* Approx.
1 Taranto Window & Glass
2 J Mathew Advisory
3 REMPlan

Co agents
Alex Scott & Staff
Scott McKenzie 0427 552 898
Andrew Newton 0402 940 320

Enquire

Contact agents
Raoul Holderhead Senior Director
0413 860 304
Sam Mercuri Senior Negotiator
+61 413 830 709
Rick Jacobson Senior Negotiator
0413 830 083
Enquiry Form
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Korumburra, VIC

15 Sanders Street

For Sale by Portfolio Auction
Wednesday 24th June 10:30AM Crown Casino - Melbourne

This property is part of Portfolio 185

Price: Contact Agent

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