7/45-53 Duerdin Street,
Notting Hill, VIC 3168

Knight Frank is excited to offer for sale 7/45-53 Duerdin Street, Notting Hill via an Expression of Interest campaign closing Thursday 23rd August at 4pm.

Brand New Corporate Facility leased to established multinational Vitronic.

The property comprises a modern high clearance industrial facility paired with first class offices and technical areas constructed over two levels to the highest quality. Located only moments to the M1 freeway via Springvale or Blackburn Road and surrounded by major international companies such as Mercedes-Benz, Adidas & Monash University.

Building Area Summary:
Office: 575 sqm
Warehouse: 208 sqm
TOTAL: 783 sqm

Lease Particulars:
- Five (5) Year Lease as of March 2018
- Two (2) further options of Three (3) years
- Returning $150,000 per annum plus GST
- Secured by a Bank guarantee.
- Fixed annual 3% rental reviews.
- All outgoings paid by the tenant.

Building features:
- Two level office/technical area
- 17 onsite allocated carparks
- LED lighting throughout
- Street frontage with excellent signage exposure

About the tenant:

German owned Vitronic was established in 1984 who are now across four continents and are a world leader in industrial machine vision. In 2016, the VITRONIC Group generated total revenue of more than $230,000,000 AUD

Information Memorandum available upon request.