CBRE is delighted to present 40 Buys Court, Derrimut, For Sale via Deadline Private Sale closing the Friday 6th November 2020 at 3 pm (AEDT)
The outstanding industrial facility provides a secure income from a long-term lease to the current tenant, Prime 100 Pty Ltd, an Australian owned pet food manufacturer. A WALE of 8.75 years with fixed 3.25% rent reviews from year 4 provide extra security and certainty.
Located on the site is a modern concrete tilt slab office/warehouse with a metal portal frame and metal deck roof.
The property is divided into two parts, with the front of the building housing a single level office, with a total area of 220sqm*. A mezzanine above provides storage space and the flexibility for future office expansion.
The clear span warehouse has multiple roller shutter doors underneath a large canopy, adjacent concrete hardstand and parking. An additional roller shutter door at the front of the property provides drive through access. The warehouse has fire sprinklers throughout and a large power and gas supply.
Building Area Breakdown:
+ Office: 220sqm*
+ Warehouse: 4,496sqm*
+ Total: 4,716sqm*
Investment Highlights:
+ Lessee: Prime 100 Pty Ltd
+ Term: Ten (10) years
+ Commencement date: 15th July 2019
+ Options: Two further five (5) year options
+ Rental: $400,000 pa (plus GST & outgoings)
+ Bank guarantee: $430,000
Property Features:
+ Large power & gas supply
+ 9 metre warehouse clearance
+ Clear span warehouse with fire sprinklers
+ Burnished floor and flexible office area
+ Large north facing loading canopy and yard space
+ Five roller shutter doors (one at the front)
FOR SALE VIA DEADLINE PRIVATE SALE CLOSING FRIDAY 6TH NOVEMBER 2020 AT 3PM (AEDT)
*approx.
