Cameron and Facey are pleased to present this brand new facility which is a great opportunity for investors. Sold with a five-year term, fully secured lease commencing in May 2022, you can invest with confidence. The rental will produce $191,114 net pa, with a 3% annual review and option for two
further three-year terms.
In a prime location, fronting busy Bald Hill Road, this property has excellent connectivity as
it is close to the Pakenham township and freeway access. Additionally, it has an ample 38
car parks, wide access, and a loading bay providing truck access to and from the warehouse.
Rare stand-alone premises with a large land area of 4,415m², this property boasts a low site
coverage of 52%. The spacious land allows for a huge 2,008m² high-clearance warehouse with five electric roller doors under a weather canopy, 10T crane capacity with rails installed allowing for a future crane, as well as an expansive two-level office with a total size of 474m².
Land area: 4,415m² approx.
Building area: 2,482m²
38 car parks
Ground floor office: 280m²
First floor office: 194m²
Total building area: 2,482m²
Wide Bald Hill Road frontage
Warehouse clearance height: 7.6M
5 x electric roller doors (6M Wide x 5M High) under weather canopy.
10T Crane capacity (rails installed, option for future crane)
Brand new facility – depreciation benefits
Secure lease – purchase as a going concern (GST waived)
Fully secured lease to Conifer Australia Pty Ltd (trading/as Willow RV)
Term: 5 years commencing May 2022
Rental: $191,114 net PA ($77/m²)
Reviews: 3% annually
Options: Two further terms of 3 years
Security Deposit: $52,556.35 (3 months rent)
Expression Of Interest will be closing 16th of June 2022 at 3pm
With limited supply forecasted, please reach out to the exclusive agents Cameron and Facey to secure this blue chip Pakenham investment today!