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5 Gateway Drive
Carrum Downs VIC 3201
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Sold on 15 Oct 2019

5 Gateway Drive Carrum Downs VIC 3201

  • Factory, Warehouse & Industrial
  • 975 m²
  • Sold

Secure 10-year Lease Term

Construction of this factory leased by Lollipops (Timtom Pty Ltd) was completed in Aug 2005. Lollipops have a 10-year lease which commenced in Aug 2015. The current rental is $147,468 per annum + GST gross (approximately $135,268 p.a net) with annual rental increases.

The head lease is between the landlord and the two directors of Lollipops who have both signed personal guarantees and paid a substantial bond.

Established for over 20 years Lollipops now have 27 Australian locations with 5 international sites and 5 more opening soon.

With a building area of 975sqm* situated on 2541sqm* of industrial 1 zoned land, the warehouse is perfectly suited to a business needing ample car parking (41 on-site) or external storage space for containers, goods etc.

For further information or to arrange an inspection, please contact:

Josh Monks - 0409 335 179

NB: All areas and measurements are approximate. All prices are plus GST, unless otherwise stated. All images and renders are subject to copyright.

*Denotes Approx.

Property Highlights

Date Sold15 Oct 2019
Floor Area975 m²
Land Area2,541 m²
Parking41 x Onsite parkings
Property ID2015649299
Category
Last updated  16 Oct 2019
Map for 5 Gateway Drive Carrum Downs VIC 3201

Property Highlights

Date Sold15 Oct 2019
Floor Area975 m²
Land Area2,541 m²
Parking41 x Onsite parkings
Property ID2015649299
Category
Last updated  16 Oct 2019
Level 1, 1 Colemans Road Carrum Downs VIC 3201

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