The property offers a strong investment opportunity leased to Bombardier, a globally recognised tenant who are the world's leading manufacturer of planes and trains. Improvements comprise a functional office warehouse facility, which CBRE highly recommends for your consideration.
We outline key investment highlights below:
- Passing income of $155,750 per annum net*
- Excellent rental growth fixed at 4.00% annually
- Leased to Bombardier Transportation, listed on the Toronto Stock Exchange (TSE:BBD.B)
- Leased until 29 April 2019 with options available
- GLA totalling 1,119 sqm* on a land holding of 2,186 sqm*
- Good quality and functional improvements
- Strategically located within the established Dandenong South Industrial precinct
- Excellent access to surrounding major arterials including Greens Road, Eastlink, South Gippsland Freeway and South Gippsland Highway.
OFFERS CONSIDERED CIRCA 9%.
For Sale via Private Treaty
* approx.
** Outline Indicative Only
Lot/Plan No: 18/PS418975
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