64-66 Mcarthurs Road,
Altona North, VIC 3025

This superbly positioned investment offers secure long term income with future development and potentially higher use upside. Only 12kms from Melbourne CBD and minutes from the West Gate Fwy.


Total Building: 3,556m2
Land area: 6,678m2

Tenant 1: Stadium of Dreams Pty Ltd
Rental: $200,000 pa + GST + Outgoings
Increases: 3.5% increase pa
Term: 5 years + 2 x 5 year terms
Commencement: April 1 2019
Bank Guarantee: Equal to 3 months rental
Building area occupied: 2456sqm

Tenant 2: Watson Express Transport
Rental:
Y1 - $65,000 + GST + Outgoings
Y2 - $70,000 + GST + Outgoings
Y3 - $75,000 + GST + Outgoings
Increases: 3.5% increase pa after year 3
Term: 5 years + 3 year option
Commencement: April 1 2019
Building area occupied: 1100sqm

Features:
-12km from Melbourne CBD and Melbourne Sea ports
-Easy access via nearby Freeway networks
-Fully renovated building
-Extensive tenant fit out
-Superb warehouse height
-Excellent access
-Large Yard
-65 car spaces

Contact Drew Williams 0408 013 9... Today!

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