26-54 The Crescent, Mildura
A Grade Industrial Investment Building - Warehouse & Office - Property ID: 879594
9% net yield with secure lease!
An outstanding opportunity to acquire a high quality industrial facility securely leased to a blue chip tenant. This is a unique chance to purchase a high yielding property located within a stone's throw of Mildura's CBD and right in the demographic centre of the Mildura district. Invest in one of Australia's fastest growing regions which is strategically located centrally to Melbourne, Sydney and Adelaide with rail links to each of these. Boasting the second busiest Airport in Victoria, Mildura is acknowledged as the hub and food bowl of Australia.
Lease Term - 10 years
Rental - $850,000 pa + GST
Building Area - 13,118 m2 (approx.)
Land Area - 29,074 m2
Zoning - Industrial 1 zone
Option - 10 years
Rental Increase - CPI
Outgoings - To be paid by tenant
Services - Reticulated water, sewerage, telephone, electricity (including 3 phase) and storm water drainage.
For a detailed Information Memorandum contact Tony Roccisano on 0418 502 101