Brand New 5 Year Lease to Global Dairy Giant | Prized Industrial Manufacturing Facility

Description

Burgess Rawson are pleased to offer to the market Lactalis Australia at 18-22 Jesica Road, Campbellfield VIC for sale via Investment Portfolio Auction 170.

The property has the following key highlights:

+ Brand new 5 year net lease to Lactalis Australia to May 2029 with 2 further 5 year options to 2039.
+ Lactalis Group: Market leading global dairy group with 266 production locations and 85,500 employees across 51 countries. Top 10 global food group with $46B AUD in 2022 revenue. (1)
+ Landlord favourable net lease terms with tenant paying all usual outgoings including land tax.
+ Rare, fixed 5% annual rent increases, assuring rental growth.
+ Significant industrial facility of 2,719 sqm* incorporating 2 level office, warehouse, manufacturing, hardstand and parking for up to 29 cars.
+ Prime 3,915 sqm* Industrial 1 Zoned (IN1Z) freehold site featuring corner combined frontage of 120m* to Jesica Road and Freeman Street.
+ Located within one of Melbourne’s most prominent established industrial hubs with direct access to Sydney Road seeing over 48,000 vehicles passing daily. (2)
+ Position perfect surrounded by national businesses including Ford Australia, Reece Plumbing, 4WD Supacentre and many more.
+ Campbellfield: Thriving area with a total employment of 26,543 jobs and producing $19 billion in economic output. (3)
+ City of Hume: Melbourne’s third largest LGA with booming population growth expected to increase by over 46.2% by 2041, reaching 388,891. (4)
+ Net Income: $465,000 pa* + GST.

To be sold via Investment Portfolio Auction 170
10:30am (AEST) Wednesday 7 August 2024
River Room, Crown Casino, Melbourne

For more information, please contact the exclusive selling agents below:

DAVID NAPOLEONE
0417 308 067
dnapoleone@burgessrawson.com.au

MATTHEW WRIGHT
0458 290 588
mwright@burgessrawson.com.au

*Approx
(1) Lactalis
(2) GapMaps
(3) REMPLAN
(4) Forecast.ID

Enquire

Contact agents
David Napoleone Senior Sales Executive
0417 308 067
Matthew Wright Partner
0458 290 588
Enquiry Form

Campbellfield, VIC

18-22 Jesica Road

For Sale by Portfolio Auction
Wednesday 7th August 10:30AM Crown Casino - River Room - Melbourne

This property is part of Portfolio 170

Price: Contact Agent

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