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    Back to results
    1. Search Results(3020)
    2. 582-600 Somerville Road, SUNSHINE WEST, VIC 3020

    582-600 Somerville Road,
    SUNSHINE WEST, VIC 3020

    for Sale

    18,352m² (approx)

    PRICE

    Contact Agent

    PROPERTY ID

    AU-4450160-1
    For Sale
    For Sale - Industrial/Warehouse

    SECURE INDUSTRIAL INVESTMENT

    Highlights

    • 9.0 year WALE
    • Combined GLA of 18,352 sqm
    • Surplus land for future expansion (STCA)

    Overview

    CBRE is pleased to offer for sale, 582-600 Somerville Road, Sunshine West. The property represents an outstanding opportunity to acquire a substantial landholding, underpinned by a long remaining lease term to a globally recognised covenant. The secure investment opportunity offers: - Three separate high bay warehouse facilities, situated on two separate titles - Substantial landholding of 4.41 ha - Two regular shaped allotments - Fully leased to Iron Mountain Australia Group Pty Ltd - Remaining lease term of 9.0 years - Passing net income of $1,531,781 pa (as at 1 January 2019) - Fixed annual increases of 3.0% - Located in a highly sought-after precinct - Combined 229 metre frontage to Somerville Road - 12 kms from Melbourne CBD - Excellent access to the surrounding road network For sale by Expressions of Interest closing Thursday 15 November 2018 at 4.00pm AEDT.
    Less

    Sizes and Measurements

    Floor Area

    18,352m² (approx)

    Pricing Information

    For sale

    Contact Agent
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    • CO

      Chris O'Brien

    • BH

      Ben Hegerty

    • RH

      Rory Hilton

    • View floorplan
    • Arrange an Inspection

    Floorplan

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    Photos

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    Back to results
    1. Search Results(3020)
    2. 582-600 Somerville Road, SUNSHINE WEST, VIC 3020

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