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DESCRIPTION:Net Leased to Fonterra Since 2003 | $307\,661 pa net\nFor Sale 
 by Expression of Interest\, closing Thursday 3 December 2026 at 5 pm\n\n
 • Fonterra Brands (Australia) has been in occupation for more than 20 ye
 ars\, now part of the Lactalis group\n\n• Net lease with fixed 3% annual
  increases and options to October 2033\n\n• Approx. 3\,389 m²* purpose-
 built food manufacturing facility with extensive cold storage and producti
 on rooms\n\nCameron offers 1/48 Jersey Road\, Bayswater\, for sale by Expr
 essions of Interest. The tenant pays 100% of outgoings\, including land ta
 x and building insurance\, so the income of $307\,661 pa + GST from 1 Nove
 mber 2026 is fully net\, with fixed 3% annual increases and options to Oct
 ober 2033. The tenant has recently invested approx. $500\,000 in the site\
 , underlining its long-term commitment.\n\nThe building is a substantial s
 teel-portal-frame warehouse with high internal clearance of approx. 7 m\, 
 roller door access and a two-level office and amenities block to the front
 \, comprising a carpeted reception\, first-floor offices and a staff lunch
 room with lockers. The warehouse houses the tenant’s extensive insulated
 -panel fit-out\, including multiple cold rooms with pallet racking\, an ai
 rlock cold store entry and food-grade production rooms with sealed floors.
  The production chamber is serviced with compressed air\, hydraulic\, stea
 m and water lines.\n\nSet behind a wide shared driveway from Jersey Road\,
  the property enjoys generous line-marked car parking and sits moments fro
 m Mountain Highway\, with EastLink close by. Fonterra also occupies the ad
 joining 13/46 Jersey Road and 4/56 Malvern Street\, making this site the c
 entre of its Bayswater operations.\n\nProperty features\n\n• Building ar
 ea approx. 3\,389 m²* on Lot 1\, which holds 74.5% of the owners corporat
 ion entitlements\n\n• Steel portal frame with high clearance of approx. 
 7 m\n\n• Three-phase power and refrigeration plant servicing the cold ro
 oms\n\n• Two-level offices with reception\, meeting area and staff lunch
 room\n\n• Insulated-panel cold rooms\, production rooms and racking thro
 ughout (tenant’s fit-out)\n\n• Roller door access with internal loadin
 g area\n\n• Generous line-marked parking and wide shared driveway\n\n•
  Industrial 1 Zone\, City of Knox\n\nTenancy information\n\n• Tenant: Fo
 nterra Brands (Australia) Pty Ltd\n\n• Annual rent: $307\,661 net + GST 
 from 1 November 2026 (tenant pays outgoings)\n\n• Term: 3 years from 1 N
 ovember 2024\, expiring 31 October 2027\n\n• Options: two further terms 
 of 3 years\, to October 2033\n\n• Reviews: fixed 3% annually\; market re
 view at each option\, within 95–105% of the passing rent\n\n• Security
 : $99\,924 cash security bond\n\n• Rental trajectory: Nov 2024 $290\,000
  | Nov 2025 $298\,700 | Nov 2026 $307\,661 | Nov 2027 option term\, market
  review\n\nExpression of Interest closes Thursday 3 December 2026 at 5 pm.
 \n\nAn Information Memorandum is available on request\, and inspections ar
 e strictly by appointment given the tenant’s food production operations.
 \n
DTEND:20261203T200000
DTSTAMP:20261105T033447Z
DTSTART:20261203T200000
SEQUENCE:0
SUMMARY:Expression Of Interest: 1/48 Jersey Road\, Bayswater VIC
UID:CRE-2021303549-EOI
X-ALT-DESC;FMTTYPE=text/html:<!DOCTYPE HTML PUBLIC "-//W3C//DTD HTML 3.2//EN"><html><head><t
 itle></title></head><body><P DIR=LTR>Net Leased to Fonterra Since 2003 | $
 307\,661 pa net <br/> For Sale by Expression of Interest\, closing Thursda
 y 3 December 2026 at 5 pm <br/>  <br/> • Fonterra Brands (Australia) has
  been in occupation for more than 20 years\, now part of the Lactalis grou
 p <br/>  <br/> • Net lease with fixed 3% annual increases and options to
  October 2033 <br/>  <br/> • Approx. 3\,389 m²* purpose-built food manu
 facturing facility with extensive cold storage and production rooms <br/> 
  <br/> Cameron offers 1/48 Jersey Road\, Bayswater\, for sale by Expressio
 ns of Interest. The tenant pays 100% of outgoings\, including land tax and
  building insurance\, so the income of $307\,661 pa + GST from 1 November 
 2026 is fully net\, with fixed 3% annual increases and options to October 
 2033. The tenant has recently invested approx. $500\,000 in the site\, und
 erlining its long-term commitment. <br/>  <br/> The building is a substant
 ial steel-portal-frame warehouse with high internal clearance of approx. 7
  m\, roller door access and a two-level office and amenities block to the 
 front\, comprising a carpeted reception\, first-floor offices and a staff 
 lunchroom with lockers. The warehouse houses the tenant’s extensive insu
 lated-panel fit-out\, including multiple cold rooms with pallet racking\, 
 an airlock cold store entry and food-grade production rooms with sealed fl
 oors. The production chamber is serviced with compressed air\, hydraulic\,
  steam and water lines. <br/>  <br/> Set behind a wide shared driveway fro
 m Jersey Road\, the property enjoys generous line-marked car parking and s
 its moments from Mountain Highway\, with EastLink close by. Fonterra also 
 occupies the adjoining 13/46 Jersey Road and 4/56 Malvern Street\, making 
 this site the centre of its Bayswater operations. <br/>  <br/> Property fe
 atures <br/>  <br/> • Building area approx. 3\,389 m²* on Lot 1\, which
  holds 74.5% of the owners corporation entitlements <br/>  <br/> • Steel
  portal frame with high clearance of approx. 7 m <br/>  <br/> • Three-ph
 ase power and refrigeration plant servicing the cold rooms <br/>  <br/> 
 • Two-level offices with reception\, meeting area and staff lunchroom <b
 r/>  <br/> • Insulated-panel cold rooms\, production rooms and racking t
 hroughout (tenant’s fit-out) <br/>  <br/> • Roller door access with in
 ternal loading area <br/>  <br/> • Generous line-marked parking and wide
  shared driveway <br/>  <br/> • Industrial 1 Zone\, City of Knox <br/>  
 <br/> Tenancy information <br/>  <br/> • Tenant: Fonterra Brands (Austra
 lia) Pty Ltd <br/>  <br/> • Annual rent: $307\,661 net + GST from 1 Nove
 mber 2026 (tenant pays outgoings) <br/>  <br/> • Term: 3 years from 1 No
 vember 2024\, expiring 31 October 2027 <br/>  <br/> • Options: two furth
 er terms of 3 years\, to October 2033 <br/>  <br/> • Reviews: fixed 3% a
 nnually\; market review at each option\, within 95–105% of the passing r
 ent <br/>  <br/> • Security: $99\,924 cash security bond <br/>  <br/> 
 • Rental trajectory: Nov 2024 $290\,000 | Nov 2025 $298\,700 | Nov 2026 
 $307\,661 | Nov 2027 option term\, market review <br/>  <br/> Expression o
 f Interest closes Thursday 3 December 2026 at 5 pm. <br/>  <br/> An Inform
 ation Memorandum is available on request\, and inspections are strictly by
  appointment given the tenant’s food production operations. <br/> </P></
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