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515-517 Dowling Street Wendouree, VIC 3355

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515-517 Dowling Street,
Wendouree, VIC 3355

Warehouse, Factory & Industrial

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Map of 515-517 Dowling Street

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ASX LISTED TENANCY

  • Two titles with total area of 4,644 sqm*
  • Leased to National ASX listed company
  • Currently returning $71,000 pa net rent
Colliers International are excited to offer 515–517 Dowling Street, Wendouree for sale. This property offers an outstanding investment opportunity to secure a well located industrial premises with a quality national tenant. The property is currently leased to National ASX Listed Company since prior to 1990 and is returning $71,027 pa net rent with 3% fixed increases and 2 further terms of 5 years.

Features:
- Leased to National ASX listed company for past 25 years*
- 2 further terms of 5 years each
- Currently returning $71,000 pa net rent
- Tenant due for all outgoings
- 3% annual increases
- Two titles with total land area of 4,644 sqm*
- Industrial 3 zoning
- Shed of 765 sqm* + 54 sqm* of external offices*
- Massive hardstand of 2500 sqm*
- Superior location in the north of Ballarat, metres to Western Freeway
- Exceptional opportunity for a strong return with upside to develop in future

Price: SOLD!

*approx

Property ID: 503631370Last Updated: 19 Nov 2020

04319147...
realcommercial.com.au logo
515-517 Dowling Street
Wendouree, VIC 3355
Colliers - Ballarat
Level 2, 210 Sturt Street
BALLARAT CENTRAL, VIC 3350
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