90 Mills Road,
Braeside, VIC 3195
Warehouse, Factory & Industrial
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Major Distribution Centre - 12.5 Year WALE
- Passing income of $3,081,121 net p.a.
- Fixed reviews at 3.50% per annum
- GLA of 40,554 sqm*
90 Mills Road, Braeside provides the ideal opportunity to acquire a prime asset underpinned by an excellent location, exceptional surrounding infrastructure, long term lease with strong annual rental reviews, and nationally recognised covenant.
Fully leased to one of Australia's largest privately owned national freight companies in Simon National Carriers, the property has a long WALE of 12.5 years (as at 1 May 2017) and provides strong fixed rental growth of 3.5% p.a.
The design of the facility coupled with the dual street frontages offers considerable flexibility with the ability to divide into multiple tenancies (STCA), providing long term future growth.
The property is offered for sale via an Expressions of Interest campaign closing Thursday 25th of May at 4.00pm AEST.
Fully leased to one of Australia's largest privately owned national freight companies in Simon National Carriers, the property has a long WALE of 12.5 years (as at 1 May 2017) and provides strong fixed rental growth of 3.5% p.a.
The design of the facility coupled with the dual street frontages offers considerable flexibility with the ability to divide into multiple tenancies (STCA), providing long term future growth.
The property is offered for sale via an Expressions of Interest campaign closing Thursday 25th of May at 4.00pm AEST.
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Property ID: 502378390Last Updated: 27 Jul 2017
90 Mills Road
Braeside, VIC 3195
Colliers - MelbourneLevel 30, 367 Collins Street
MELBOURNE, VIC 3000
MELBOURNE, VIC 3000
Contact Agency
CBRE - MelbourneLevel 34, 8 Exhibition Street
MELBOURNE, VIC 3000
MELBOURNE, VIC 3000
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