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26-58 The Crescent Mildura VIC 3500

  • Industrial / Warehouse
  • 13,118 m²
  • Expressions of Interest

TEN (10) YEAR LEASED INVESTMENT SUBSTANTIAL INDUSTRIAL FACILITY

  • $900,231 P.A. NET INCOME
  • 29,074 SQM* TOTAL SITE AREA
  • 10 YR LEASE, COMMENCED 28TH JULY 2016

CBRE, in conjunction with First National Collie & Tierney, are pleased to offer 26-58 The Crescent, Mildura, For Sale via Expressions of Interest closing Friday 11th October 2019 at 4pm.

The asset represents a unique opportunity to acquire a strategic and secure investment within one of Victoria's major regional cities.

Comprising 13,118sqm* of modern clear span warehousing, the property also includes 388sqm* of freezer/cool room, plus awnings of 3,288sqm* situated on a 29,074sqm* site of Industrial 1 land.

Investment highlights:
+ Leased to GTS Freight Management
+ Term: Ten (10) year lease commenced 28th July 2016
+ Further term: Ten (10) years
+ Rental: $900,231 per annum net + GST & outgoings
+ Annual reviews to CPI with a market review at the option period
+ Building area: 13,118sqm*
+ Site area: 29,074sqm*

The properties are located on The Crescent with a huge frontage of 330 metres*. The site is located in the heart of Mildura and is within 2.5km* of the CBD and is within walking distance to the railway line.

FOR SALE VIA EXPRESSIONS OF INTEREST CLOSING FRIDAY 11TH OCTOBER 2019 AT 4PM.

*approx.

EXPRESSION OF INTEREST

Closing date and time11/10/2019 16:00
Recipient nameAsk Agent
Delivery addressAsk Agent

Property Highlights

Property ID2015617230
Floor Area13,118 m²
Land Area2.91 ha
ParkingAsk Agent
Annual ReturnAsk Agent
AvailabilityTenanted
Category
Last updated  6 Sep 2019
Map for 26-58 The Crescent Mildura VIC 3500
CBRE Melbourne
Level 34, 8 Exhibition Street Melbourne VIC 3000

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