Cameron is pleased to offer this rare investment and development opportunity.
Strategically located within the thriving Dandenong South industrial precinct, this site represents a rare opportunity to secure a prime investment with an ASX listed, multinational tenant and neighbouring land holding of 4,316sqm. Buy one or buy both!
APPROVED PLANNING PERMIT FOR EXPANSION INTO NEIGHBOURING LAND
66-70 THOMAS MURRELL CRESCENT
Functional site area of 4,316 sqm
Rare large land holding in sought after Dandenong South industrial precinct
Industrial 2 zoning
Premium Dandenong South precinct earmarked for strong rental and capital growth prospects
Excellent connectivity to surrounding major arterial motorways
Month by month tenancy with 30 days notice to vacate
Short term income available of $5,557 +GST PCM
72-76 THOMAS MURRELL CRESCENT
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 which designs, manufactures and supplies water flow and control products and solutions.
Serving 60 Countries worldwide
Employing over 2000 people in 44 locations24 Distribution hubs15 Manufacturing hubs5 R & D centres
https://www.rwc.com/about-rwc
PROPERTY HIGHLIGHTS
Zone - Industrial 2Total Site Area: 4,622 m2Total Building Area: 2,687 m2Factory Area: 2,477 m2Factory amenities area with air-conditioned lunchroom 30 m2Quality two level office area 180 m236 Car park spacesClear span factory area with 9 m working height16 Tonne traveling crane with VSD, handheld remote control200 mm Thick heavy-duty factory floorSealed and coated concrete floor quality office fit-outOffice fully air-conditionedTilt slab wall panellingOn-grade electric roller doors x 3On-site dedicated electrical sub stationLarge power supply & main switch boardSide driveway / hard stand areaBusiness Grade NBN Internet Connection & Wi-Fi throughout propertyGSM monitored security systemCCTV Security monitoring systemLED Lighting throughoutExternal security lightingSecurity fencing with motorised front sliding security gate