Burgess Rawson are pleased to offer to the market Lactalis Australia at 18-22 Jesica Road, Campbellfield VIC for sale via Investment Portfolio Auction 170.

The property has the following key highlights:

+ Brand new 5 year net lease to Lactalis Australia to May 2029 with 2 further 5 year options to 2039.
+ Lactalis Group: Market leading global dairy group with 266 production locations and 85,500 employees across 51 countries. Top 10 global food group with $46B AUD in 2022 revenue. (1)
+ Landlord favourable net lease terms with tenant paying all usual outgoings including land tax.
+ Rare, fixed 5% annual rent increases, assuring rental growth.
+ Significant industrial facility of 2,719 sqm* incorporating 2 level office, warehouse, manufacturing, hardstand and parking for up to 29 cars.
+ Prime 3,915 sqm* Industrial 1 Zoned (IN1Z) freehold site featuring corner combined frontage of 120m* to Jesica Road and Freeman Street.
+ Located within one of Melbourne’s most prominent established industrial hubs with direct access to Sydney Road seeing over 48,000 vehicles passing daily. (2)
+ Position perfect surrounded by national businesses including Ford Australia, Reece Plumbing, 4WD Supacentre and many more.
+ Campbellfield: Thriving area with a total employment of 26,543 jobs and producing $19 billion in economic output. (3)
+ City of Hume: Melbourne’s third largest LGA with booming population growth expected to increase by over 46.2% by 2041, reaching 388,891. (4)
+ Net Income: $465,000 pa* + GST.

To be sold via Investment Portfolio Auction 170
10:30am (AEST) Wednesday 7 August 2024
River Room, Crown Casino, Melbourne

For more information, please contact the exclusive selling agents below:

DAVID NAPOLEONE
0417 308 0...
dnapoleone@burgessrawson.com.au

MATTHEW WRIGHT
0458 290 5...
mwright@burgessrawson.com.au

*Approx
(1) Lactalis
(2) GapMaps
(3) REMPLAN
(4) Forecast.ID