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45 Fulton Drive Derrimut, VIC 3026

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45 Fulton Drive,
Derrimut, VIC 3026

Warehouse, Factory & Industrial

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PREMIUM REFRIGERATED LOGISTICS PORTFOLIO.

  • 10,848m² building area
  • 34,360m² site area
  • Rand Transport as tenant
Colliers International in conjunction with CBRE are pleased to invite you to purchase this outstanding refrigerated logistics portfolio. The Portfolio represents a unique opportunity to acquire two state of the art industrial logistic facilities set within two of Australia’s premier industrial estates within Melbourne and Brisbane.

Property Addresses:
45 Fulton Drive, Derrimut, Victoria
60 - 80 Southlink Street, Parkinson, Queensland

The offering comprises two assets incorporating a combined net income of $5,320,908 pa (plus GST) as at August 2016. These outstanding properties provide a long term income stream via a highly regarded listed covenant, providing a WALE of 10.7 years.

45 Fulton Drive, Derrimut, Victoria key selling features include:
• Building area 10,848m²
• Further expansion land of 4,361m²
• Site area 34,360m²
• Passing Income $2,452,861 pa net as at Aug-2016
• 10.7 year WALE by income
• Significant covenant strength in Rand Transport who is Australia's leading provider and refrigerated road/rail transport and warehousing services to the food industry.
• Lease guaranteed by Top 200 ASX listed company - Automotive Holdings Group Limited.
• State of the art temperature controlled logistics facility.
• 100% leased until August 2026.
• The property forms part of the Gilbertson Industrial Estate in Derrimut; regarded as one of the premier industrial precincts in Australia.

For information on the Queensland asset please visit web-listing www.colliers.com.au/18719

The portfolio is offered for sale via an Global Expressions of Interest campaign closing 12pm AEDT Thursday 17 March 2016. For further information please contact on of the selling agents listed below.

Property ID: 501841534Last Updated: 18 Dec 2018

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45 Fulton Drive
Derrimut, VIC 3026
Colliers - Melbourne
Level 30, 367 Collins Street
MELBOURNE, VIC 3000
CBRE - Melbourne
Level 34, 8 Exhibition Street
MELBOURNE, VIC 3000

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