Modern Versatile Warehouse | 15 Year Lease to Blue Chip Tenant

Description

CBRE in conjunction with Key 2 Sale are delighted to offer this modern warehouse at 2 Bodey Circuit, Mount Gambier SA for sale via Portfolio Auction.

This property’s investment highlights include:

+ New 15-Year** Lease to Vivid Glass through to 4 October 2038
+ Vivid Glass: One of Australia’s leading manufacturer and supplier of high-quality glass products
+ Vivid Glass Mount Gambier: 39 employees with average 17 ‘years of service’, including three staff members 40+ years and 5 staff 30+ years
+ Fixed 3% annual rent increases, ensuring strong future rental growth
+ Landlord friendly net lease structure with the tenant responsible for all usual outgoings as per the lease
+ Prime 5,580 sqm site* with dual frontage to Bodey Circuit (89m*) and Calula Drive (44m*).
+ High-exposure location with easy access to key transport links and major highways
+ Modern versatile warehouse facility with 1,768 sqm of warehouse space* with high clearance and 283 sqm of office/showroom*
+ Total Building Area: 2,051 sqm*, plus attached canopy (124 sqm)* on the eastern side of the warehouse for all-weather loading
+ Long-term established tenant with over 18 years of occupancy at the site, indicating operational stability
+ No Stamp Duty payable
+ Rent: $265,866 pa + GST (Oct 2025)

For Sale by Investment Portfolio Auction
10.30am (AEST) Wednesday 14 May 2025
Garden Room, Crown Casino, Melbourne

For more information, contact the exclusively appointed team today.

CBRE & Associates Victoria Pty Ltd – RLA 327401
Raoul Holderhead 0413 860 304
Justin Kramersh 0460 349 605

Key 2 Sale Commercial – RLA 282450
David Herbert 0408 849 080

*Approx
** Lease includes termination rights every 5 years

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Contact agents
Raoul Holderhead Senior Director
0413 860 304
Justin Kramersh Director
0460 349 605
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Mount Gambier, SA

2 Bodey Circuit

  • Sold Price: Contact Agent

This property was sold as part of Portfolio 176

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