Dulhunty, 35-39 Buckley Grove Geelong, VIC 3220
0.62ha (1.54 acres)
17 Nov 2016
High Yielding Investment with Guaranteed Growth
- Circa 13% yield anticipated
- Capital intensive tenant fit-out
- Fixed 3% rent increases inc. at option
Secure 10 year lease to 2020 plus options to 2030.
Fixed annual 3% rent increases including at lease options.
Tenant pays usual outgoings.
Purpose built 1,390 sqm facility comprising clear span warehouse (high internal clearance of 19m), administration offices and extensive surrounding hardstand.
Massive site area of 6,241 sqm - Industrial 1 Zone.
Dulhunty Poles: Manufacturer and distributor of comprehensive range of cement and fiberglass poles – 38% owned by ASX listed Energy Technologies Limited.
Greater Geelong: Growing regional city of 220,000+ predicted to double by 2050 (G21 Regional Growth Plan).
Current Income: $347,991 pa.
Property ID: 502073806Last Updated: 15 Nov 2017