New 7 Year Lease to Blue Chip Tenant


+Brand New 7 Year lease to 2029 plus option to 2034
+Hempel Group: World-leading supplier of trusted coating solutions with FY 20/21 revenue circa €1.7 billion
+Wattyl Paints: Over 100 Wattyl Paint stores across Australia and New Zealand
+Attractive rental growth assured with annual 3% increases
+Highly sought after ‘Essential Service’ asset class
+Superb 443sqm* building with substantial 21metre* frontage plus on-site parking
+Absolute position perfect main road location amongst major retailers including Beaurepaires, Ampol, Ford, Puma, Salvo’s store, Autobarn, Bob Jane T Mart and Snap Fitness all within 400* metres
+Situated on arterial road between the Calder Freeway and the Sunbury CBD
+Sunbury: A booming Satellite city 38kms from the Melbourne CBD with a population forecast to grow by 155% by 2041 2041
+Net Income: $104,519 pa + GST (Dec 22)

For Sale by Investment Portfolio Auction
10:30am (AEST) Wednesday 3 August 2022
Crown Casino – River Room


Do you own a similar property?


Contact agents
Matthew Wright Partner
0458 290 588
Raoul Holderhead Partner
0413 860 304
Craig Chapman Sales Executive
0427 110 132
Enquiry Form

Sunbury, VIC

4/ 78 Horne Street

  • Sold Price: Contact Agent

This property was sold as part of Portfolio 154

Contact agents