35 Jellico Drive,
Scoresby, VIC 3179
Warehouse, Factory & Industrial • Offices
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Map of 35 Jellico Drive
Strong Underlying Value Proposition
- Industrial Tenanted Investment
- Quality Tenant
- Prime Location
Industrial investment leased to Loving Earth Pty Ltd on a 5 year lease.
Lease Details:
Lessee: Loving Earth Pty Ltd
Lease Term: 5 Years from 1st January, 2022
Further Term: 5 Years
Current Rental: $229,615 per annum (net) plus GST
Rent Reviews: Fixed 1.5% annual increases but market value on take up of further term
Land Area: 5,297sq m*
Building Area: 2,417sq m* (includes office: 467sq m*)
Loving Earth Pty Ltd manufacture chocolates at the premises and have been a long standing tenant.
The building is of steel portal frame and full height concrete panels with a loading dock and on grade roller door. Internally it has an extensive food manufacturing fitout that belongs to the tenant with a full makegood clause in the lease.
Prime location almost adjacent to Eastlink.
Can be purchased at well below replacement cost so a very strong underlying value proposition.
Contact Savills agents Lynton Williams or Colin Tarlarmis for further details.
Lease Details:
Lessee: Loving Earth Pty Ltd
Lease Term: 5 Years from 1st January, 2022
Further Term: 5 Years
Current Rental: $229,615 per annum (net) plus GST
Rent Reviews: Fixed 1.5% annual increases but market value on take up of further term
Land Area: 5,297sq m*
Building Area: 2,417sq m* (includes office: 467sq m*)
Loving Earth Pty Ltd manufacture chocolates at the premises and have been a long standing tenant.
The building is of steel portal frame and full height concrete panels with a loading dock and on grade roller door. Internally it has an extensive food manufacturing fitout that belongs to the tenant with a full makegood clause in the lease.
Prime location almost adjacent to Eastlink.
Can be purchased at well below replacement cost so a very strong underlying value proposition.
Contact Savills agents Lynton Williams or Colin Tarlarmis for further details.
Property ID: 504152307Last Updated: 14 Jul 2023
04113302...
35 Jellico Drive
Scoresby, VIC 3179
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