11 Industrial Drive Pakenham VIC 3810

Burgess Rawson in conjunction with Cameron are delighted to offer to the market this premium industrial investment at 11 Industrial Drive, Pakenham VIC.

Investment Highlights:
+ Ten (10) year lease through to 31 January 2028 plus 3 x 10 year options through to 2058.
+ Civilmart: Australia's leading precast concreting brand with a rich history and a network of 24 manufacturing facilities across VIC, NSW, QLD & SA. Civilmart has recently been acquired by Irish Giant CRH (Fortune 500 company) who are listed on the New York and London Stock Exchange with a reported $34.9B revenue in 2023.
+ Landlord favourable net lease terms with the tenant responsible for all usual outgoings as per the lease
+ Annual CPI rent reviews.
+ Significant 34,710* sqm prime Industrial 1 Zoned land within one of Melbourne's most sought after South-Eastern industrial precincts.
+ Positioned in the heart of Pakenham boasting outstanding access to nearby transport links and situated within the Officer-Pakenham State Significant Industrial Precinct (SSIP).
+ Commanding 248* metres of frontage and exposure to Industrial Drive with an abundance of on-title car spaces providing seamless entry to the facility.
+ Blue Chip Pakenham location, only metres from Koo Wee Rup Road, providing immediate connectivity to the M1 freeway.
+ The surrounding region is benefitting from substantial infrastructure projects run by the state government to support the rapid population growth and employment within the Officer-Pakenham PSP area.
+ Modern 4,777* sqm building, comprising warehouse (4,342* sqm), offices plus canopy and high ceilings with a maximum clearance of 15.2 metres Constructed 2018
+ Land Rich Industrial investment appealing to investors and land bankers Taxable Value $12,500,000 in 2024.
+ Net Income: $415,006* pa + GST (as at 1/2/2025)

To be sold via Burgess Rawson Investment Portfolio Auction 174
10:30am (AEDT) Wednesday 19 February 2025
River Room - Crown Casino, Melbourne

*Approx