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79-83 & 85 Cherry Lane Laverton North, VIC 3026

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79-83 & 85 Cherry Lane,
Laverton North, VIC 3026

Warehouse, Factory & Industrial

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Map of 79-83 & 85 Cherry Lane

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For Sale 20 year triple net lease – ASX listed tenant

FOR SALE VIA AN EXPRESSIONS OF INTEREST CAMPAIGN CLOSING THURSDAY 5TH JULY AT 4:00PM (AEST)

JLL as exclusive selling agents have the pleasure in offering for sale a rare “bond like” investment opportunity at 79-83 & 85 Cherry Lane, Laverton North Victoria.

Key Investment Highlights include:
+ 20 year lease term with options
+ Fully leased to listed company Probiotec Limited (ASX: PBP)
+ Net passing income of $1,570,000 p.a.
+ Strong annual rental growth of 3.5% p.a
+ Triple Net Structure – tenant responsible for all outgoings including those of a capital/structural nature
+ GLA of 17,211 sqm* on completion of building works
+ Site area of 3.1ha*
+ Core Logistics location
+ Outstanding exposure with 224 metre* frontage to Princes Freeway

*approximate

To request a copy of the information memorandum or for further information please contact the listing agents on details below.

Property ID: 502843134Last Updated: 1 Oct 2018

03 9672 66...
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79-83 & 85 Cherry Lane
Laverton North, VIC 3026
JLL - Melbourne
Level 33, 101 Collins Street
MELBOURNE, VIC 3000

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