Share this property

realcommercial.com.au
Rutherfords Real Estate - Thomastown

57 Northgate Drive Thomastown, VIC 3074

Directions

57 Northgate Drive,
Thomastown, VIC 3074

Warehouse, Factory & Industrial

Price information

Sold

$16,000,000

Key property information

Land area

Floor area

Property extent

Sold on

Rutherfords Real Estate - Thomastown
Bryce Williams

Rutherfords Real Estate - Thomastown

83 High St
THOMASTOWN, VIC 3074
04081662...
Rutherfords Real Estate - Thomastown
57 Northgate Drive
Thomastown, VIC 3074

Map of 57 Northgate Drive

Directions

SUPERB INVESTMENT OPPORTUNITY - BLUE CHIP TENANT WITH LONG TERM LEASE!

Rutherfords are pleased to offer this outstanding investment located in the heart of Thomastown. This building is a large manufacturing site secured by outstanding tenants with long term leases. The site features dual street access, high power and gas supply along with huge front and rear loading areas.

Total Building Size: 13,667sqm
Total Land Area: 28,570sqm

Property Features:
- Large Power and Gas Supply
- 2 Street Access
- Recessed Docks
- Front and Rear Yard and Loading
- Partitioned and Open Plan Offices
- Superb Freeway Access
- Huge Frontage
- Located in one of Thomastown's best streets

Lease Details:

57A Northgate Dr, Thomastown:
Tenant - Howe & Company (Howe Leather)
Commencement Date - 1/12/18
Lease Term - 7 years
Current Rent - $930,000.00 + Gst and Outgoings
Increases - Fixed 3%
Security - $425,000.00

57B Northgate Dr, Thomastown:
Tenant - Worthington Composites
Commencement Date - 4/5/19
Lease Term - 5 years
Current Rent - $122,520.00 + Gst and Outgoings
Increases - Fixed 4%
Security - $31,242.75


Please Contact Bryce Williams on 0408 166 2... to inspect.

Disclaimer:
The information contained in the material Rutherfords has supplied (the "information") is for general information purposes only. Rutherfords assume no responsibility for errors, representations, or omissions in the contents of the information.

In no event shall Rutherfords be liable for any special, direct, indirect, consequential, or incidental damages or any damages whatsoever, whether in an action of contract negligence or other torts, arising out of or in connection with the use of the Information or the contents of the information. Rutherfords reserves the right to make additions, deletions or modification to the contents of the information at any time without prior notice.

Property ID: 503145790Last Updated: 14 Feb 2024

progress tick

Sending email...

Make an enquiry

What's your enquiry about?

Message

Enter your details

Name (required)
Email address (required)
Phone number
Comment

Your personal information will be passed to the Agency and/or its authorised service provider to assist the Agency to contact you about your property enquiry. They are required not to use your information for any other purpose. Our Privacy Policy explains how we store personal information and how you may access, correct or complain about the handling of personal information.

More properties from Rutherfords Real Estate - Thomastown

Other properties you might be interested in based on the location and property type you are looking at.