75-83 Woodlands Drive Braeside VIC 3195

Colliers International are pleased to offer this outstanding investment opportunity at 75-83 Woodlands Drive, Braeside, Victoria.

The property is located within the tightly held South-eastern industrial precinct of Braeside on Woodlands Drive in the premium ‘Woodlands Industrial Estate’, and comprises a modern industrial facility with a GLA of 5,394.3* sqm on a large land holding of 10,095* sqm.

75-83 Woodlands Drive Braeside is fully leased to Graphic Packaging International, a NYSE listed company that is one of the world’s largest manufacturers of folding cartons, unbleached paperboard, coated recycled board, microwave packaging and machinery, with an annual passing net rental of $534,476 p.a. (with next review as at 25 May 2018) on a long WALE of 6.2 years (as at March 2018).

75-83 Woodlands Drive, Braeside provides the ideal opportunity to acquire a prime asset underpinned by an excellent location, exceptional surrounding infrastructure, long term lease with strong annual rental reviews, and globally recognised covenant.

Bluechip investment opportunities of this nature are rarely offered in Melbourne’s tightly held South Eastern market.

The property is offered for sale via an Expressions of Interest campaign closing Thursday 15 March 2018 at 4pm.

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