45 Fulton Drive, DERRIMUT VIC 3030
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- Industrial / Warehouse
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- 23 Nov 2016
PREMIUM REFRIGERATED LOGISTICS PORTFOLIO.
Colliers International in conjunction with CBRE are pleased to invite you to purchase this outstanding refrigerated logistics portfolio. The Portfolio represents a unique opportunity to acquire two state of the art industrial logistic facilities set within two of Australia’s premier industrial estates within Melbourne and Brisbane.
45 Fulton Drive, Derrimut, Victoria
60 - 80 Southlink Street, Parkinson, Queensland
The offering comprises two assets incorporating a combined net income of $5,320,908 pa (plus GST) as at August 2016. These outstanding properties provide a long term income stream via a highly regarded listed covenant, providing a WALE of 10.7 years.
45 Fulton Drive, Derrimut, Victoria key selling features include:
• Building area 10,848m²
• Further expansion land of 4,361m²
• Site area 34,360m²
• Passing Income $2,452,861 pa net as at Aug-2016
• 10.7 year WALE by income
• Significant covenant strength in Rand Transport who is Australia's leading provider and refrigerated road/rail transport and warehousing services to the food industry.
• Lease guaranteed by Top 200 ASX listed company - Automotive Holdings Group Limited.
• State of the art temperature controlled logistics facility.
• 100% leased until August 2026.
• The property forms part of the Gilbertson Industrial Estate in Derrimut; regarded as one of the premier industrial precincts in Australia.
For information on the Queensland asset please visit web-listing www.colliers.com.au/18719
The portfolio is offered for sale via an Global Expressions of Interest campaign closing 12pm AEDT Thursday 17 March 2016. For further information please contact on of the selling agents listed below.
1 Bligh street, SydneyGrade A
Building AmenitiesAvg. rent (net):$800 - $1000Avg. outgoings:$162Vacancy rate:13.5%Data from Colliers Edge.For information click hereMajor TenantsNabers energyAdditional information
45 Fulton Drive DERRIMUT