48-54 Burns Road,
Altona, VIC 3018
Warehouse, Factory & Industrial
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PREMIUM INDUSTRIAL INVESTMENT - 12 YEAR LEASE
An exceptional opportunity for the astute investor to acquire a highly desirable property with an excellent lease covenant.
* Secure 12 year lease to Toyota Tsusho (Australasia) Pty Ltd, a wholly owned subsidiary of Toyota Tsusho Corporation incorporated in Japan.
* Substantial net rental income of $572,992 pa (approx) plus outgoings (as at 23/12/10) with excellent rental growth.
* Tenant pays all outgoings including multiple holding land tax.
* Large land holding of 11,350 sqm (approx) on prominent corner location.
* Brand new building completed in 2008 with a total area of 7,450 sqm (approx).
* Significant depreciation benefits.
We highly recommend your consideration of this premium investment opportunity.
* Secure 12 year lease to Toyota Tsusho (Australasia) Pty Ltd, a wholly owned subsidiary of Toyota Tsusho Corporation incorporated in Japan.
* Substantial net rental income of $572,992 pa (approx) plus outgoings (as at 23/12/10) with excellent rental growth.
* Tenant pays all outgoings including multiple holding land tax.
* Large land holding of 11,350 sqm (approx) on prominent corner location.
* Brand new building completed in 2008 with a total area of 7,450 sqm (approx).
* Significant depreciation benefits.
We highly recommend your consideration of this premium investment opportunity.
Property ID: 5691678Last Updated: 22 Sep 2016
48-54 Burns Road
Altona, VIC 3018
Vinci Carbone Property Pty Ltd - MelbourneLevel 10, 100 Collins Street
MELBOURNE, VIC 3000
MELBOURNE, VIC 3000
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