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5 Gateway Drive Carrum Downs, VIC 3201

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5 Gateway Drive,
Carrum Downs, VIC 3201

Warehouse, Factory & Industrial • Shops & Retail • Showrooms & Large Format Retail

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Secure 10-year Lease Term.

Construction of this factory leased by Lollipops (Timtom Pty Ltd) was completed in Aug 2005. Lollipops have a 10-year lease which commenced in Aug 2015. The current rental is $147,468 per annum + GST gross (approximately $135,268 p.a net) with annual rental increases.

The head lease is between the landlord and the two directors of Lollipops who have both signed personal guarantees and paid a substantial bond.

Established for over 20 years Lollipops now have 27 Australian locations with 5 international sites and 5 more opening soon.

With a building area of 975sqm* situated on 2541sqm* of industrial 1 zoned land, the warehouse is perfectly suited to a business needing ample car parking (41 on-site) or external storage space for containers, goods etc.

For further information or to arrange an inspection, please contact:

Josh Monks - 0409 335 1...

PLEASE NOTE:

* All information and measurements are approximates. Please refer to Contract of Sale and/or Lease documentation. All images subject to copyright.

* By enquiring on this property you agree to receive regular property updates and marketing communication from Nichols Crowder. You may unsubscribe at any time.

Property ID: 503331230Last Updated: 29 May 2024

04093351...
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5 Gateway Drive
Carrum Downs, VIC 3201
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