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100 Freight Drive Somerton, VIC 3062

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100 Freight Drive,
Somerton, VIC 3062

Warehouse, Factory & Industrial • Offices • Other

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Secure Industrial Investment

  • 12 month bank guarantee
  • 4% annual increases
  • Long standing tenant
Pedestrian entry into an initial reception area with a built-in service desk, extending from which are three portioned offices, printer room, lunchroom and kitchenette, together with separate male and female amenities. The first floor is accessed via an internal timber staircase, and incorporates an open plan area, three partitioned offices and a boardroom.

The warehouse is accessed via the aforementioned office or alternatively one automatic roller shutter door to the front building alignment or four automatic roller shutter doors to the western building alignment.

The property is further complemented with canopies over loading areas positioned along the western building alignment, concrete paved driveways, on-site car parking, permiter fencing and automatic sliding gate entry. This is a must inspect property!

- Building area:
-Office: 368 sqm*
-Warehouse: 1,688 sqm*
=Total building area: 2,056 sqm*

- Land area: 3,533 sqm*
- Long standing tenant
- Rental income: $165,000 pa NET
- Circa 8.25 % NET return
- New 3 year lease with option
- Commencement date: 1st February 2017
- 12 month bank guarantee
- 4% annual increases

*Approx

EOI closing Thursday 23 March 2017 @ 4pm

Looking to Sell, Lease, Manage or Develop your property? Contact ICR Property Group

Raff De Luise - 0418 533 633

Julian Materia - 0498 188 011

Property ID: 502263478Last Updated: 3 Mar 2021

03 9654 86...
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100 Freight Drive
Somerton, VIC 3062

Detailed listing

Gross Waddell ICR Pty Ltd - Melbourne
Level 1, 30 Collins Street
MELBOURNE, VIC 3000
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