140 Northcorp Boulevard Broadmeadows VIC 3047

Factory, Warehouse & Industrial
4,666 m²
Sold, $10,500,000

SIZZLING INVESTMENT OPPORTUNITY - 5.5% return, way below replacement value

A rare opportunity to purchase an investment with long lease and secure tenant (food industry). Attractive yield, corporate business park location and a strong bank guarantee, this is a stand out investment. At close to land value (currently under rented) this is a real opportunity.

Office: 561m2
Processing, freezer + cool rooms: 2020m2
Warehouse: 2085m2
Total Building Size (approx): 4,666m2

Land Size 9,835m2

Summary of Lease Terms:
Lease Term: 5 years
Further Terms: Two further terms of 5 years each
Rental: $605,000p.a.+ GST + outgoings
Commencement: 1st January 2022
Increases: 3% or CPI whichever is the greater
Market reviews: at option - 1/1/27 and 1/1/32
Guarantee: Equal to $332,750 (6 months rental)

Features:
- A grade tenant
- State of the art food processing facility
- Brand new food grade warehouse
- 1000amps of power (approx.)
- Impressive fitout
- Corporate Business Park
- 2.4km to Hume Hwy
- 2.6km to Northern Ring Rd
- 22km to CBD
-Melbourne produce market 11km away

Contact Drew Williams 0408 013 968 Today!

Disclaimer:
All sizes are approx

Rutherfords Real Estate

83 High St

Thomastown, VIC 3074

Property Highlights

Date Sold	17 Nov 2022
Sold Price	$10,500,000
Floor Area	4,666 m²
Land Area	9,835 m²
Parking	Ask Agent
Property ID	2017916209
Category	Factory, Warehouse & Industrial
Last updated	18 Nov 2022

Map for 140 Northcorp Boulevard Broadmeadows VIC 3047

Nearest transport* to 140 Northcorp Boulevard Broadmeadows VIC 3047

Bus

Train

Fordson Rd/Sydney Rd (Campbellfield)	1.1 km
Fordson Rd/Sydney Rd (Campbellfield)	1.1 km
Brooklyn Ct/Sydney Rd (Campbellfield)	1.2 km
Sydney Rd/Somerset Rd (Campbellfield)	1.2 km

*Within a 4km radius

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Rutherfords Real Estate

83 High St

Thomastown, VIC 3074

Property Highlights

Date Sold	17 Nov 2022
Sold Price	$10,500,000
Floor Area	4,666 m²
Land Area	9,835 m²
Parking	Ask Agent
Property ID	2017916209
Category	Factory, Warehouse & Industrial
Last updated	18 Nov 2022

Listed by

Drew Williams

Rutherfords Real Estate

Call

0408013968

More about 140 Northcorp Boulevard Broadmeadows VIC 3047

140 Northcorp Boulevard Broadmeadows VIC 3047 is categorized as Factory, Warehouse & Industrial Property. It has a floor area of 4,666 m² and a land area of 9,835 m². The listing ID for this property is 2017916209.