72-76 Thomas Murrell Crescent Dandenong South VIC 3175

Cameron is pleased to offer this rare investment opportunity.

Strategically located within the thriving Dandenong South industrial precinct, this site represents a rare acquisition opportunity to secure an asset in the tightly held industrial 2 zoned pocket with an ASX listed, Multinational tenant.

LEASE SUMMARY
• Annual rental: $254,372 plus GST and outgoings
• Lease term: 5 years commencing 1/12/2020
• Options: 3 further options of 5 years each (until 2040)
• Annual increases: The greater of 2% or CPI with market reviews at the conclusion of each term

TENANT PROFILE
Reliance worldwide corporation limited is an Australian-owned publicly listed company that designs, manufactures, and supplies water flow and control products and solutions.

• Serving 60 Countries worldwide
• Employing over 2000 people in 44 locations
• 24 Distribution hubs
• 15 Manufacturing hubs
• 5 R & D centers

https://www.rwc.com/about-rwc

PROPERTY HIGHLIGHTS
• Zone - Industrial 2
• Total site area 4,622 m2
• Total building area 2,687 m2
• Factory area 2,477 m2
• Factory amenities area with air-conditioned lunchroom 30 m2
• Quality two-level office area 180 m2
• 36 Carpark spaces
• Clear span factory Area with 9 m working height
• 16 Tonne traveling crane with VSD, handheld remote control
• 200 mm Thick heavy-duty factory floor
• Sealed and coated concrete floor quality office fit out
• Office fully air-conditioned
• Tilt slab wall paneling
• On-grade electric roller doors x 3
• On-site dedicated electrical substation
• Large power supply & main switchboard
• Side driveway / hard stand area
• Business grade NBN internet connection & Wi-Fi throughout the property
• GSM monitored security system
• CCTV security monitoring system
• LED lighting throughout
• External security lighting
• Security fencing with motorised front sliding security gate

*Approved planning permit for expansion into neighboring land.