Blue-Chip Investment Site in Reservoir
- Significant, strategic land holding
- Strong return, long-term tenancy
- National food occupier
Cameron is delighted to present 48A Radford Road, Reservoir for sale via Expressions of Interest. This exceptional property comprises an enormous land holding with two street frontages and a 14,208 m²* building with a food-grade warehouse, cold storage, and modern, refurbished office areas.
Currently operating as a food production and food storage facility with a long-term, high-return tenancy, this is a blue-chip investment opportunity not to be missed.
Total building area: 14,208 m²*
Total land area: 22,849 m²*
Property features:
* Significant, strategic land holding
* Dual street access with four crossovers
* Large undercover storage area & loading dock
* Expansive handstand and car parking
* 7 x roller shutter doors
* Sprinklered facility
* Industrial 3 zoning
* Equipped for food production
* 5 x cold store areas/food prep area
* Newly refurbished, immaculate corporate office space & amenities
* Courtyard area
* Fully fenced and secure with motorised gates
Tenancy details:
* Rental return of $1,630,000 per annum plus GST & outgoings
* Brand-new, 5-year lease
* 6-month bank guarantee
* Options until 2034
* Uncapped market review
* National food occupier – Gourmet Saba https://gourmetsaba.com.au/
Expressions of interest close on Tuesday, August 27th at 4:00 pm (unless sold prior).
For more information and to arrange an inspection, please contact the exclusive agents at Cameron.
*Approximate
*Outlines indicative only