16 Reiff Street Lavington NSW 2641

Dixon Commercial Real Estate are pleased to offer for sale 16 Reiff Street, Lavington via public auction on Friday 11 April at 2:30pm on-site.

The opportunity presents a low-site coverage industrial investment superbly located within Lavington's tightly held industrial precinct, with exposure to Wagga Road and Thurgoona Drive, and being only 500 metres from the Hume Freeway diamond interchange at Thurgoona Drive.

The site comprises a total area of approximately 9,550 square metres with a 130-metre frontage to Wagga Road/Thurgoona Drive. Improvements include a quality workshop of approximately 380 square metres, separate office, as well as a newly constructed wash bay, which was built to the Lessee's specifications and requirements.

The Lessee, Hume Hire, was recently acquired by Proquip Rental & Sales, strengthening Proquip's presence in the region and expanding their equipment range. Proquip is an Australian and family-owned company providing industry leading earthmoving equipment for rental and sale with offices in Melbourne, Geelong, Ballarat and Perth.

Lease Details
Tenant: Hame Holdings Pty Ltd t/as Hume Hire
Net Annual Rent: $75,498.48 + GST + Outgoings
Lease Expiry: 5 June, 2030
Term: Five (5) years, three (3) months commenced 5 March 2025
Option: Nil
Rent Review: Annually to CPI

Terms: 10% deposit, balance 60 days.

For more information, please contact the Sales Agents below.