space/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 outgoingsLease term: 5 years commencing 1/12/2020Options: 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 worldwideEmploying over 2000 people in 44 locations24 Distribution hubs15 Manufacturing hubs5 R & D centers

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 Carpark 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 panelingOn-grade electric roller doors x 3On-site dedicated electrical substationLarge power supply & main switchboardSide driveway / hard stand areaBusiness grade NBN internet connection & Wi-Fi throughout the propertyGSM monitored security systemCCTV security monitoring systemLED lighting throughoutExternal security lightingSecurity fencing with motorised front sliding security gate

*Approved planning permit for expansion into neighboring land.