72-76 Thomas Murrell Crescent DANDENONG SOUTH VIC, space, 72-76 Thomas Murrell Crescent,
Dandenong South, VIC 3175

Cameron is pleased to offer this rare investment opportunity.




Strategically located within the thriving Dandenong South industrial precinct, this site represents a rare acquisition opportunity to secure an asset in the tightly held industrial 2 zoned pocket with an ASX listed, Multinational tenant.




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 that 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 centers




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 Carpark 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 paneling
* On-grade electric roller doors x 3
* On-site dedicated electrical substation
* Large power supply & main switchboard
* Side driveway / hard stand area
* Business grade NBN internet connection & Wi-Fi throughout the property
* GSM monitored security system
* CCTV security monitoring system
* LED lighting throughout
* External security lighting
* Security fencing with motorised front sliding security gate




*Approved planning permit for expansion into neighboring land.