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CBRE - Melbourne

26-58 The Crescent Mildura, VIC 3500

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26-58 The Crescent,
Mildura, VIC 3500

Warehouse, Factory & Industrial

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CBRE - Melbourne

CBRE - Melbourne

Level 34, 8 Exhibition Street
MELBOURNE, VIC 3000
CBRE - Melbourne
26-58 The Crescent
Mildura, VIC 3500

Map of 26-58 The Crescent

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TEN (10) YEAR LEASED INVESTMENT – SUBSTANTIAL INDUSTRIAL FACILITY

  • $900,231 P.A. NET INCOME
  • 29,074 SQM* TOTAL SITE AREA
  • 10 YR LEASE, COMMENCED 28TH JULY 2016
CBRE, in conjunction with First National Collie & Tierney, are pleased to offer 26-58 The Crescent, Mildura, For Sale via Expressions of Interest closing Friday 11th October 2019 at 4pm.

The asset represents a unique opportunity to acquire a strategic and secure investment within one of Victoria's major regional cities.

Comprising 13,118sqm* of modern clear span warehousing, the property also includes 388sqm* of freezer/cool room, plus awnings of 3,288sqm* situated on a 29,074sqm* site of Industrial 1 land.

Investment highlights:
+ Leased to GTS Freight Management
+ Term: Ten (10) year lease commenced 28th July 2016
+ Further term: Ten (10) years
+ Rental: $900,231 per annum net + GST & outgoings
+ Annual reviews to CPI with a market review at the option period
+ Building area: 13,118sqm*
+ Site area: 29,074sqm*

The properties are located on The Crescent with a huge frontage of 330 metres*. The site is located in the heart of Mildura and is within 2.5km* of the CBD and is within walking distance to the railway line.

FOR SALE VIA EXPRESSIONS OF INTEREST CLOSING FRIDAY 11TH OCTOBER 2019 AT 4PM.


*approx.

Property ID: 503319722Last Updated: 11 Apr 2023

CBRE - Melbourne
Level 34, 8 Exhibition Street
MELBOURNE, VIC 3000

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