8 Logic Court,
Truganina, VIC 3029
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Colliers - Essendon Fields
Suite 1, 6 English StreetESSENDON FIELDS, VIC 3041
8 Logic Court
Truganina, VIC 3029
Detailed listing
Map of 8 Logic Court
Prime Grade, Core Plus Industrial Investment
- Total Land Area of 7,304m2*
- Total Building Area of 3,926m2*
- Secured passing income of $510,280 P.A
Colliers, as exclusive selling agents, are pleased to offer for sale 8 Logic Court, Truganina via Expressions of Interest (EOI) closing at 4pm AEST, Thursday, 6th June 2024 unless sold prior.
This exciting, prime grade, core plus industrial investment opportunity provides the following captivating investment highlights:
- Substantial Land Area of 7,304m2*
- Total Building area of 3,926m2*
- Leased to the established tenant, Suave Furniture
- Current Passing Income of $510,380 p.a. ($130/sqm)
- WALE of 2.35 years by income
- Open market rent reviews at options
- Strong future positive rental reversions starting in the near term
- The strategic location offers excellent access
The modern and highly functional, industrial and logistics facility, presents with the following building features:
- Full precast panel design
- Generous internal clearance of 9.9m* (spring height)
- Clear span warehouse
- Fully sprinklered facility, including beneath the large 10m* awning
- Three (3) x Roller Shutter Doors
- Extensive loading interface
8 Logic Court, Truganina is being offered via Expressions of Interest Campaign closing at 4pm (AEST) Thursday 6th June 2024.
*Approx
**Outline indicative only
This exciting, prime grade, core plus industrial investment opportunity provides the following captivating investment highlights:
- Substantial Land Area of 7,304m2*
- Total Building area of 3,926m2*
- Leased to the established tenant, Suave Furniture
- Current Passing Income of $510,380 p.a. ($130/sqm)
- WALE of 2.35 years by income
- Open market rent reviews at options
- Strong future positive rental reversions starting in the near term
- The strategic location offers excellent access
The modern and highly functional, industrial and logistics facility, presents with the following building features:
- Full precast panel design
- Generous internal clearance of 9.9m* (spring height)
- Clear span warehouse
- Fully sprinklered facility, including beneath the large 10m* awning
- Three (3) x Roller Shutter Doors
- Extensive loading interface
8 Logic Court, Truganina is being offered via Expressions of Interest Campaign closing at 4pm (AEST) Thursday 6th June 2024.
*Approx
**Outline indicative only
Property ID: 504585960Last Updated: 24 Jul 2024
Colliers - Essendon FieldsSuite 1, 6 English Street
ESSENDON FIELDS, VIC 3041
ESSENDON FIELDS, VIC 3041