Impressive stand alone office building, securely-leased to Saint Gobain. Saint Gobain is a publicly listed French multinational corporation which has 165 global manufacturing facilities. It is a leading producer of construction products, high performance materials (abrasives, ceramics, high performance plastics and reinforcements), flat glass and glass containers. One of the top 100 industrial companies of the world, it employs 19,000 staff in US and Canada.

> Lease term: Five (5) years from February 2011 + options to renew.
> Tenant pays all outgoings including Land Tax
> Rental: $242,662 pa
> Bank Guarantee - equivalent to six (6) months' rental
> Two extensive street frontages:
Comalco Street: 47.50 metres approx.
Wall Street: 49.60 metres approx.
> Substantial land component: 2,564 sqm approx

Other features include:
> Well-maintained office building with quality fit out
> Superb natural light to four (4) sides
> Fifty (50) off street carparks provided

> High yield investment opportunity

*Note: Vacant land and vacant commercial & industrial buildings also available for sale.

Thomastown is located 15 kms north of the CBD.

Bounded by the Merri Creek in the west and Mahoneys Rd in the south, Thomastown is a residential and industrial suburb in Melbourne's outer north.

The subject properties are ideally located on the western side of Edgars Road in a brand new subdivision providing 11 lots.

The subdivision incorporates Comalco Court, Wall Street and Pipaki Drive. It is strategically positioned, being minutes to Mahoneys Road and the Melbourne Metropolitan Ring Road.