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32 - 40 Arkwright Drive, DANDENONG SOUTH VIC, 3175

For Sale
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Property for Sale in 32 - 40 Arkwright Drive, DANDENONG SOUTH VIC, 3175

Nichols Crowder (Carrum Downs)

Level 1, 1 Colemans Road, Carrum Downs, VIC 3201

Listing ID:
11395816
Status:
Active
For:
Sale
Last Updated:
18/12/2020
Price:
$3,725,000
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Property Type

Industrial/Warehouse/Offices/Industrial/Warehouse
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Land Area

3149 SQM
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Floor Area

1856 SQM
Icon parking

Parking

N/A

Tasty Tenanted Investment with 5 + 5 Year Terms

Nichols Crowder proudly presents a fantastic investment opportunity to add a defensive Tenanted asset to your portfolio.

Long Lease to long term tenant '360 Degree Meat and Poultry', on a (5) year lease with a (5) year option.

Ideally position right near to Eastlink with direct links to Melbourne CBD makes this the ideal Investment to add to your portfolio.

Tenancy details:

* Current rental: $185,600 + Outgoings + GST
* Tenant: 360 Degree Meat and Poultry
* Annual 3% rent increases
* Lease expiry 1/12/2024
* Lease commencement 7/12/2019
* Options: 5 years

Key property features include:

* Total building area: 1,856sqm*
* Dual level corporate office area: 307sqm*
* Warehouse area: 1,549sqm*
* Land area: 3,149sqm*
* Dual crossovers
* Two (2) container height roller doors
* Bathroom & kitchen facilities
* 3 phase power throughout
* Cool rooms & systems (owned by tenant)

For further information or to arrange an inspection, please contact us.

PLEASE NOTE:

* Inspections are carried out in accordance with strict Covid-19 Directions. For further details contact the Estate Agent.

* All information and measurements are approximates. All images subject to copyright. Unauthorised use is strictly prohibited

For more details, please email agent

Nichols Crowder (Carrum Downs)

Level 1, 1 Colemans Road, Carrum Downs, VIC 3201


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