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Colliers - Essendon Fields

7 & 7A Silicon Place Tullamarine, VIC 3043

7 & 7A Silicon Place,
Tullamarine, VIC 3043

Warehouse, Factory & Industrial

Price information

Sale - Expression of Interest closing Wed 8 May

Please contact agent

Key property information

Land area

Floor area

Expression of Interest

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Secure Industrial Investment In Tullamarine

  • Building Area: 953sqm*
  • Tenanted Investment
  • Leased to DGL
Colliers, as the exclusive selling agents, are pleased to offer for sale 7 and 7a Silicon Place, Tullamarine, a secure industrial investment.

This property is being sold via an Expressions of Interest campaign closing Wednesday, 8th May at 2.00pm (AEST).

Located within the highly sought after Tullamarine industrial precinct, the site provides excellent connectivity to major arterial roads including the Calder Freeway, Western Ring Road and Tullamarine Freeway.

Key building highlights:

- Total building area: 953sqm*
- Total site area: 1,341sqm*
- Two separately titled buildings
- Secured gated facility with onsite parking

Key investment highlights:

- Tenant: DGL Warehousing & Distribution Pty Ltd
- Net annual rental: $142,950 per annum + GST and outgoings
- Lease term: Three (3) years
- Lease options: Five (5) further options of three (3) years
- Fixed annual increases: Annually at 3.5%
- Diminishing land supply and low vacancy support sentiment for long-term rental and capital growth.

For further information or to arrange an inspection, please contact the team at Colliers.

* Approx.
**Outline indicative only

Property ID: 504562984Last Updated: 17 Apr 2024

Colliers - Essendon Fields

Suite 1, 6 English Street
ESSENDON FIELDS, VIC 3041
Colliers - Essendon Fields
7 & 7A Silicon Place
Tullamarine, VIC 3043
Colliers - Essendon Fields
Suite 1, 6 English Street
ESSENDON FIELDS, VIC 3041
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