TEN (10) YEAR LEASED INVESTMENT – SUBSTANTIAL INDUSTRIAL FACILITY
CBRE, in conjunction with First National Collie & Tierney, are pleased to offer 26-58 The Crescent, Mildura, For Sale via Expressions of Interest closing Friday 11th October 2019 at 4pm.
The asset represents a unique opportunity to acquire a strategic and secure investment within one of Victoria's major regional cities.
Comprising 13,118sqm* of modern clear span warehousing, the property also includes 388sqm* of freezer/cool room, plus awnings of 3,288sqm* situated on a 29,074sqm* site of Industrial 1 land.
+ Leased to GTS Freight Management
+ Term: Ten (10) year lease commenced 28th July 2016
+ Further term: Ten (10) years
+ Rental: $900,231 per annum net + GST & outgoings
+ Annual reviews to CPI with a market review at the option period
+ Building area: 13,118sqm*
+ Site area: 29,074sqm*
The properties are located on The Crescent with a huge frontage of 330 metres*. The site is located in the heart of Mildura and is within 2.5km* of the CBD and is within walking distance to the railway line.
FOR SALE VIA EXPRESSIONS OF INTEREST CLOSING FRIDAY 11TH OCTOBER 2019 AT 4PM.