Colliers International are delighted to offer for sale the trophy yet affordable industrial investment at 5/28 Silkwood Rise, Carrum Downs. Underpinned by a strong covenant with generous lease terms, it presents as a high returning asset for years to come.
Signiversal Pty Ltd have occupied the property since 2014 and are a print and signage company that specialise in large scale posters, banners and bespoke prints for a variety of clients headlined by the Westfield Group.
Strategically located within the Carrum Downs industrial precinct and less than 2km* to the EastLink, the property is surrounded by some of the fastest growing residential catchments in Victoria.
Key Investment Highlights:
Total Building Area 779m²*
Tenant: Signiversal Pty Ltd
5-year lease (as of 01/11/2019) with options until 2039
Net Rent $72,000 p.a with 100% outgoings payable by tenant
Fixed 3.5% annual increases
(*) Denotes approximate
The property is to be sold via Private Deadline Sale closing 4:00pm Thursday 12 December 2019.