Cameron & Colliers are delighted to present an exceptional investment opportunity For Sale via Expressions of Interest at 15 Gwen Road, Cranbourne West.
This premium office/warehouse boasts a high-quality institutional grade design and is offered with a WALE of 7.0 Years by income as of 1 August 2024. The opportunity generates a substantial passing income of $1,624,056 per annum with fixed 3.75% annual reviews.
This high-quality facility is being delivered with a number of base building upgrades including the capability to store hazardous goods, an extremely unique offering in the marketplace at a time when building insurance and compliance is becoming critically important.
Strategically located, this property provides easy access to Melbourne's major arterials including Monash Freeway (M1), East Link (M3) & Thompsons Road.
Site area: 19,700m2*
Total Building Area: 11,048m2*
Investment Summary:
- Secured lease to Tyremax
- Term: 7 years commencing Q4 2024
- Rental income: $1,624,056PA, Plus GST & Outgoings
- Reviews: Fixed 3.75% annually
- Options: 2 x 3years
Key Property features:
- Modern dual level corporate office space
- 129 Dedicated car parking spaces
- High internal clearance warehouse space with 12.2m ridge height
- Upgraded Fire System allowing storage of hazardous materials
- 99KW Solar panel system
- 8x 20amp 3 phase power points
- Loading Configuration to allow maximum truck movements and throughput.
- 4 x on grade roller shutter doors
- 2 x recessed loading docks @ depth of 1,100mm for light heavy vehicles
- 2 x recessed loading docks @ depth of 1,300mm for heavy vehicles
- Significant hardstand aprons with supporting canopies
*** Expressions of Interest closing Wednesday 12th of June 2024 at 4.00pm ***
Please contact exclusive agents for further information.
*Outlines & measurements approximate only.
