New lease to Multinational Tenant: San Miguel Corporation


+Renewed 5 year lease commencing 1st August 2022 plus options through to 2037
+Long Standing, Blue-chip tenant, a wholly owned subsidiary of listed giant, San Miguel Corporation listed (PSE Ticket; SMC) Philippines largest and most diversified conglomerates with leading businesses and investments in various sectors
+San Miguel Corporation is one of the Philippines largest employers and have over 100 major facilities in the Philippines, Southeast Asia, China, Australia and New Zealand
+Tenant pays all outgoings as per lease, including council rates, building insurance and land tax
+Attractive Annual CPI rent reviews
+Modern building of 3,476sqm* NLA plus 440sqm awning with significant capital intensive fit-out
+High profile 6,684sqm* land area with significant hard stand with beneficial dual frontage to both Cowra Avenue and Sandown Drive
+Industrial 1 zoning, located in one of the most proven and sought after Industrial and logistics precincts in Mildura
+Mildura: Bustling commercial centre of the Sunraysia and Murray River region, trade catchment circa 60,000 and growing
+Mildura City Council: largest settlement in the Sunraysia Region
+Potential 50% Stamp duty savings
+Rent: $278,000 pa + GST

For Sale by Investment Portfolio Auction
10:30am (AEST) Wednesday 3 August 2022
Crown Casino, Melbourne

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Contact agents
Matthew Wright Partner
0458 290 588
Beau Coulter Partner
0413 839 898
James Bergman Leasing Executive
0413 830 707
Enquiry Form

Mildura, VIC

463-469 Cowra Avenue

  • Sold Price: Contact Agent

This property was sold as part of Portfolio 154

Contact agents