Share this property

realcommercial.com.au

5 Gateway Drive Carrum Downs, VIC 3201

Directions

5 Gateway Drive,
Carrum Downs, VIC 3201

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

Price information

Sold

Contact Agent

Key property information

Land area

Floor area

Car spaces

Tenure type

Sold on

Map of 5 Gateway Drive

Directions

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

proptrack logo
This information is supplied by realestate.com.au (ABN 21 080 195 535) on behalf of Proptrack Pty Ltd (ABN 43 127 386 298). Copyright and Legal Disclaimers about Property Data.
04093351...
realcommercial.com.au logo
5 Gateway Drive
Carrum Downs, VIC 3201

Make an enquiry

What's your enquiry about?

Enter your details

Similar properties

Other properties you might be interested in based on the location and property type you are looking at.