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CBRE - Melbourne

175 Racecourse Road Cobram, VIC 3644

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175 Racecourse Road,
Cobram, VIC 3644

Warehouse, Factory & Industrial • Commercial Farming & Rural

Key property information

Land area

Floor area

Parking info

Tenure type

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CBRE - Melbourne
Lachlan May

CBRE - Melbourne

Level 34, 8 Exhibition Street
MELBOURNE, VIC 3000
04105754...
CBRE - Melbourne
175 Racecourse Road
Cobram, VIC 3644

Map of 175 Racecourse Road

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STRONG TENANT - 10% PLUS YIELD

  • Passing Rental: $26,000 pa (net)
  • High Bay Access & Ample Parking
  • Dual Crossover for Ease of Truck Access
CBRE, in conjunction with Kerr Real Estate, are pleased to present 175 Racecourse Road, Cobram, VIC.

The 14,000sqm* land area located in the Murray Valley Region of Victoria, offers expansion opportunities into the future. The milk logistics and transportation tenant will be here for good.

Investment details:
+ Lessee: D & C Contracting Pty Ltd
+ Passing rental: $26,000 per annum
+ Term: month to month
+ Commencement: 20th March 2017

Property features:
+ Total building area: 1,400sqm*
+ Land area: 14,563sqm*
+ High bay access
+ Dual crossovers for ease of truck access
+ Ample off street parking

CBRE:
Lachlan May: 0410 575 4...

Kerr Real Estate:
Andrew Kerr
M: 0428 577 067
E: andrew@kerrrealestate.com.au


*approx.

Cobram, 3644 demographic data

The median household income for Cobram is $1,026, 26% lower than Regional Victoria's household income of $1,386. Cobram has an older age profile compared to the rest of Regional Victoria (median age 48 vs 43). Property ownership data shows 36% of property owners in Cobram have a mortgage.

6,148
Population
$1,026 per week
Median household income
48 years
Median age
Owners
Most residents
Families
Most households
CBRE - Melbourne
Level 34, 8 Exhibition Street
MELBOURNE, VIC 3000