SOLD
1/13-17 Princes Highway, Sale, VIC 3850
ASX Listed Tenant on New 10 Year Lease
Brand new 10 year lease plus options to March 2041
Tradelink: Wholly owned subsidiary of ASX listed Fletcher Building Limited: Global giant with a market capitalisation of over $3.68 billion (AUD) – 228 locations throughout Australia
Fixed annual rental increases/Tenant pays all usual outgoings
Immaculate newly constructed showroom of 533 sqm with rear access, loading and car parking on-title
Strategic automotive and commercial precinct with 13 metre frontage and exposure to Princes Highway, 15,000 vehicles passing daily
Single tenant minimum management investment
Excellent tax saving depreciation benefits
Sale: Capital of the Wellington Shire Council, a vibrant diverse economy driven by offshore oil and gas, RAAF base, dairy & farming etc – catchment 32,000+
Rent: $86,700 pa
Auction 11am AEST Wednesday 1 August 2018
River Room, Crown Casino, Melbourne
Tradelink: Wholly owned subsidiary of ASX listed Fletcher Building Limited: Global giant with a market capitalisation of over $3.68 billion (AUD) – 228 locations throughout Australia
Fixed annual rental increases/Tenant pays all usual outgoings
Immaculate newly constructed showroom of 533 sqm with rear access, loading and car parking on-title
Strategic automotive and commercial precinct with 13 metre frontage and exposure to Princes Highway, 15,000 vehicles passing daily
Single tenant minimum management investment
Excellent tax saving depreciation benefits
Sale: Capital of the Wellington Shire Council, a vibrant diverse economy driven by offshore oil and gas, RAAF base, dairy & farming etc – catchment 32,000+
Rent: $86,700 pa
Auction 11am AEST Wednesday 1 August 2018
River Room, Crown Casino, Melbourne
Property Info
Municipality
Sale
AUCTION
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Burgess Rawson Melbourne Melbourne
Level 7, 140 Bourke Street
Melbourne, VIC 3000
Tel: 03 9613 0400
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NEARBY PROPERTIES
Shaun Venables
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