34 Buys Court Derrimut VIC 3026

CBRE is pleased to present for sale 34 Buys Court, Derrimut via Expressions of Interest closing Thursday, 24th October 2024 at 4:00pm (AEDT).

Leased to national occupier Palram Australia, the modern 5,178sqm* office/warehouse is situated in the tightly held Derrimut precinct, a core logistics location with significant exposure to passing traffic along the Western Freeway.

Located only two traffic lights from the CBD, access to the site is bolstered by its proximity to the Robinsons Road Diamond Interchange (600m*) providing a direct link to the Western Freeway, West Gate Freeway and Western Ring Road.

Key Investment Criteria Below:
- Building area: 5,178sqm*
- Site area: 9,628sqm*
- Tenant: Palram Australia
- Passing income: $724,920 pa + GST & Outgoings ($140psm)
- WALE: 4.7 years (as at Nov-2024)
- Further terms: 2 x 5 years
- Annual increases: 3.50% fixed
- Full height concrete tilt-up panel walls
- ESFR sprinkler system throughout
- Five (5) on-grade roller doors
- 148m frontage to Western Freeway
- Industrial 1 zone
- 14km* to Port of Melbourne
- 18km* to Melbourne CBD
- 16km* to Melbourne International Airport

For a copy of the Information Memorandum or to arrange an inspection, please contact the listed CBRE agents.

*approx.