60 Terra Cotta Drive,
Nunawading, VIC 3131
Offices • Warehouse, Factory & Industrial
Price information
Sold
Contact Agent
Key property information
Floor area
Tenure type
Sold on
Map of 60 Terra Cotta Drive
LONG TERM LEASE - PREMIUM GOVERNMENT COVENANT
EOI CLOSING WEDNESDAY 18TH OCTOBER 2017 AT 3PM
A rare opportunity to purchase a 'set and forget' investment securely leased.
• Lease Term: 20 years (14 years remaining)
• Land Area: 12,870m2*
• Building Area: 6,416m2*
• Two level office warehouse securely leased to a government owned corporation
• Options: 10 + 10 + 10 years
• Current Rental: $750,375* p.a. net
• Rent Reviews: 3.5% annual, market every 5 years (with a ratchet provision)
• Lessee pays outgoings including Land Tax on a single holding basis
• 300m* from Whitehorse Road
• Blue chip investment
In conjunction with CBRE
*Approx.
A rare opportunity to purchase a 'set and forget' investment securely leased.
• Lease Term: 20 years (14 years remaining)
• Land Area: 12,870m2*
• Building Area: 6,416m2*
• Two level office warehouse securely leased to a government owned corporation
• Options: 10 + 10 + 10 years
• Current Rental: $750,375* p.a. net
• Rent Reviews: 3.5% annual, market every 5 years (with a ratchet provision)
• Lessee pays outgoings including Land Tax on a single holding basis
• 300m* from Whitehorse Road
• Blue chip investment
In conjunction with CBRE
*Approx.
Property ID: 502562558Last Updated: 18 Dec 2017
60 Terra Cotta Drive
Nunawading, VIC 3131
Gross Waddell ICR Pty Ltd - MelbourneLevel 1, 30 Collins Street
MELBOURNE, VIC 3000
MELBOURNE, VIC 3000
CBRE - MelbourneLevel 34, 8 Exhibition Street
MELBOURNE, VIC 3000
MELBOURNE, VIC 3000
Sending email...
Your personal information will be passed to the Agency and/or its authorised service provider to assist the Agency to contact you about your property enquiry. They are required not to use your information for any other purpose. Our Privacy Policy explains how we store personal information and how you may access, correct or complain about the handling of personal information.
Similar properties
Other properties you might be interested in based on the location and property type you are looking at.
