SOLD

Jones Real Estate is pleased to present for your consideration, a modern, securely leased and high-quality industrial premises located at 6 Sigma Drive, Croydon South.

For Sale Via Public Auction Wednesday 23rd June 2021 at 2pm.

Auction to be held at Clubhouse Malvern
1290-1292 Malvern Rd, Malvern VIC 3144

The property itself is positioned in the highly revered Merrindale Industrial Estate in Melbourne's tightly held Eastern Industrial Precinct. 6 Sigma Drive is serviced by a number of major arterial road networks such as Dorset Road, Canterbury Road, Mount Dandenong Road and Eastlink, offering unrivalled accessibility to surrounding suburbs and Melbourne's CBD.

The property is securely leased to two (2) tenants on the following basis;

- Secure long term initial lease with optional terms

- A current combined passing rental of $112,179 per annum plus GST & Outgoings*

- 4% fixed annual increases

Further information on the lease agreements in place are available on request.

Key features of the property and improvements include;

- Modern, high-quality full tilt precast concrete office warehouse, comprising of a total net saleable area of 813sqm*

- Warehouse component consisting of 713sqm* with 8 meters* of internal clearance

- Property features a fully fitted and airconditioned office of 100sqm* in addition to a significant enclosed mezzanine storage area accommodating toilets, lunchroom and event / consultancy space

- The property is accessible via a container height motorised roller shutter door

- Ample onsite carparking for up to 10 cars

- Industrial 1 Zoning (IN1Z)

- Situated in one of the east's premier commercial and industrial districts – the Merrindale Estate

- Access to major arterial roadways such as Dorset Road, Canterbury Road, Mount Dandenong Road and the Eastlink

A copy of the Information Memorandum & Due Diligence Package are available upon request.

For further information or to arrange an inspection, please contact Jones Real Estate's appointed agents.

*approx.