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3-5 Lillee Crescent
Tullamarine VIC 3043
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Sold on 22 Jun 2023

3-5 Lillee Crescent Tullamarine VIC 3043

  • Factory, Warehouse & Industrial
  • 830 m²
  • Sold

Blue Chip Investment Opportunity Leased to Multinational Company

    Nelson Alexander Commercial are pleased to offer for Private Sale this prominent Tullamarine investment. This fantastic freehold sitting on approx. 1,300m2 of land and securely leased to long standing multinational tenant 'BVAQ' previously known as 'Dairy Technical Services'. Located in the prime Tullamarine location and so close to the Melbourne Airport, the potential is unlimited.

    Key Investment Features:

    - Securely leased to 'BVAQ' well established multinational company founded in 1954
    - Long term tenant of 20 years
    - Lease expiring 31/12/2024 with flexibility to sign a new lease
    - Net return $100,000* pa (tenant pays Land Tax)
    - Fixed 3% annual increases
    - Generous land area of 1,300m2* plus building area of 830m2*
    - Onsite parking for 14 cars
    - Commercial 2 Zoning
    - First time offered for sale in 21 years
    - Tightly held prime Tullamarine location
    - Neighbouring Melbourne Airport with exceptional freeway access
    - Future development upside (STCA)

    For all enquiries or to arrange private inspection, please contact exclusive agents Nelson Alexander Commercial

    *approx.

    Nelson Alexander Commercial
    Nelson Alexander Commercial
    187 Gertrude Street
    Fitzroy, VIC 3065

    Property Highlights

    Date Sold22 Jun 2023
    Floor Area830 m²
    Land Area1,300 m²
    Parking14 x Onsite parkings
    Property ID2018157719
    Category
    Last updated  22 Jun 2023
    Map for 3-5 Lillee Crescent Tullamarine VIC 3043
    Nelson Alexander Commercial
    Nelson Alexander Commercial
    187 Gertrude Street
    Fitzroy, VIC 3065

    Property Highlights

    Date Sold22 Jun 2023
    Floor Area830 m²
    Land Area1,300 m²
    Parking14 x Onsite parkings
    Property ID2018157719
    Category
    Last updated  22 Jun 2023

    Listed by

    Ethan Wong
    Nelson Alexander Commercial
    Call
    0427 349 064

    More about 3-5 Lillee Crescent Tullamarine VIC 3043

    3-5 Lillee Crescent Tullamarine VIC 3043 is categorized as Factory, Warehouse & Industrial Property. It has a floor area of 830 m² and a land area of 1,300 m². There are 14 x onsite parkings.The listing ID for this property is 2018157719.

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