Renewed 5 year lease to Nov 2020 to Kimberly Clark Australia.
Fixed annual 3.5% rent increases.
All outgoings paid by the tenant including Land Tax & Management Fee's.
Immaculate building constructed in 2005 including two level office and attached clear span warehouse with container height RSD access - Total building area: 1,650 sqm plus 45 car spaces.
Strategic location within Monash Technology Precinct.
Kimberly Clark Australia: Global hygiene essentials company employing 1,400 across AUS & NZ â?? annual sales revenue of approx. $1 Billion.
Mulgrave: Important suburb 21km south-east of Melbourne CBD within City of Monash â?? the second largest employment destination in Melbourne after the CBD.
Rent: $317,384 pa.