Colliers, as the exclusive selling agents, are pleased to offer for sale 7 and 7a Silicon Place, Tullamarine, a secure industrial investment.
Located within the highly sought after Tullamarine industrial precinct, the site provides excellent connectivity to major arterial roads including the Calder Freeway, Western Ring Road and Tullamarine Freeway.
Key building highlights:
- Total building area: 953sqm*
- Total site area: 1,341sqm*
- Two separately titled buildings
- Secured gated facility with onsite parking
Key investment highlights:
- Tenant: DGL Warehousing & Distribution Pty Ltd
- Net annual rental: $142,950 per annum + GST and outgoings
- Lease term: Three (3) years
- Lease options: Five (5) further options of three (3) years
- Fixed annual increases: Annually at 3.5%
- Diminishing land supply and low vacancy support sentiment for long-term rental and capital growth.
For further information or to arrange an inspection, please contact the team at Colliers.
* Approx.
**Outline indicative only