Quality industrial investment leased to Frost Merchandising Pty Ltd on a term of ten (10) + five (5) + five (5) years with a current rental return of $584,866.11 per annum. Frost Merchandising is a significant privately owned Australian company that has been in operation for over 27 years, specialising in creative promotional product solutions.
This expansive office/warehouse comprises reception area and large two level office with ducted air-conditioning, full height clear span warehouse with 2 container height roller shutter doors, two level production office and mezzanine, male/female amenities and approximately 65 on site car spaces.
The location offers direct access to Eastlink and close proximity to Whitehorse Road's 'Golden Mile' retail precinct, both Heatherdale and Mitcham Railway Stations and Eastland Shopping Centre.
This is a fantastic opportunity to purchase a substantial industrial investment with generous taxation depreciation benefits that is not to be missed.