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463-469 Cowra Avenue
Mildura VIC 3500
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Sold on 3 Aug 2022

463-469 Cowra Avenue Mildura VIC 3500

  • Factory, Warehouse & Industrial
  • 3,476 m²
  • Sold

New lease to Multinational Tenant: San Miguel Corporation

    +Renewed 5 year lease commencing 1st August 2022 plus options through to 2037
    +Long Standing, Blue-chip tenant, a wholly owned subsidiary of listed giant, San Miguel Corporation listed (PSE Ticket; SMC) Philippines largest and most diversified conglomerates with leading businesses and investments in various sectors
    +San Miguel Corporation is one of the Philippines largest employers and have over 100 major facilities in the Philippines, Southeast Asia, China, Australia and New Zealand
    +Tenant pays all outgoings as per lease, including council rates, building insurance and land tax
    +Attractive Annual CPI rent reviews
    +Modern building of 3,476sqm* NLA plus 440sqm awning with significant capital intensive fit-out
    +High profile 6,684sqm* land area with significant hard stand with beneficial dual frontage to both Cowra Avenue and Sandown Drive
    +Industrial 1 zoning, located in one of the most proven and sought after Industrial and logistics precincts in Mildura
    +Mildura: Bustling commercial centre of the Sunraysia and Murray River region, trade catchment circa 60,000 and growing
    +Mildura City Council: largest settlement in the Sunraysia Region
    +Potential 50% Stamp duty savings
    +Rent: $278,000 pa + GST

    For Sale by Investment Portfolio Auction
    10:30am (AEST) Wednesday 3 August 2022
    Crown Casino, Melbourne

    AUCTION

    Auction date and time03/08/2022 10:30
    Auction locationCrown Casino - River Room - Melbourne

    Property Highlights

    Date Sold3 Aug 2022
    Floor Area3,476 m²
    Land Area6,684 m²
    ParkingAsk Agent
    Property ID2017923918
    Category
    Last updated  5 Aug 2022
    Map for 463-469 Cowra Avenue Mildura VIC 3500

    Property Highlights

    Date Sold3 Aug 2022
    Floor Area3,476 m²
    Land Area6,684 m²
    ParkingAsk Agent
    Property ID2017923918
    Category
    Last updated  5 Aug 2022
    Level 20, 150 Lonsdale Street Melbourne VIC 3000

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