Cameron is pleased to offer this rare investment and development opportunity.
Strategically located within the thriving Dandenong South industrial precinct, this site represents a rare opportunity to secure a prime investment with an ASX listed, multinational tenant and neighbouring land holding of 4,316sqm. Buy one or buy both!
APPROVED PLANNING PERMIT FOR EXPANSION INTO NEIGHBOURING LAND
66-70 THOMAS MURRELL CRESCENT
Functional site area of 4,316 sqm
Rare large land holding in sought after Dandenong South industrial precinct
Industrial 2 zoning
Premium Dandenong South precinct earmarked for strong rental and capital growth prospects
Excellent connectivity to surrounding major arterial motorways
Month by month tenancy with 30 days notice to vacate
Short term income available of $5,557 +GST PCM
72-76 THOMAS MURRELL CRESCENT
LEASE SUMMARY
Annual rental: $254,372 plus GST and outgoings
Lease term: 5 years commencing 1/12/2020
Options: 3 further options of 5 years each (until 2040)
Annual increases: The greater of 2% or CPI with market reviews at the conclusion of each term
TENANT PROFILE
Reliance Worldwide Corporation Limited is an Australian owned publicly listed company which designs, manufactures and supplies water flow and control products and solutions.
Serving 60 Countries worldwide
Employing over 2000 people in 44 locations
24 Distribution hubs
15 Manufacturing hubs
5 R & D centres
https://www.rwc.com/about-rwc
PROPERTY HIGHLIGHTS
Zone - Industrial 2
Total Site Area: 4,622 m2
Total Building Area: 2,687 m2
Factory Area: 2,477 m2
Factory amenities area with air-conditioned lunchroom 30 m2
Quality two level office area 180 m2
36 Car park spaces
Clear span factory area with 9 m working height
16 Tonne traveling crane with VSD, handheld remote control
200 mm Thick heavy-duty factory floor
Sealed and coated concrete floor quality office fit-out
Office fully air-conditioned
Tilt slab wall panelling
On-grade electric roller doors x 3
On-site dedicated electrical sub station
Large power supply & main switch board
Side driveway / hard stand area
Business Grade NBN Internet Connection & Wi-Fi throughout property
GSM monitored security system
CCTV Security monitoring system
LED Lighting throughout
External security lighting
Security fencing with motorised front sliding security gate
