Here is an amazing opportunity to secure a high quality investment property that will fit nicely in your portfolio.

This outstanding property is securely leased to Harvey Norman on a recently established gross lease.

The current rental is $139,050 per annum and we are one year into the first five year term which expires on the 14th January 2030, with a further 3 x 5 year options potentially taking the term through to 2045.
There are annual increases based around CPI with market review at the end of each term.

The property is in great condition and sits on an impressive 3135M2 (approx) site on the doorstep of the CBD and carries then prized industrial 1 zoning. The building area totals 1817m2 (approx) with expansive open area, a set of offices, staff amenities and facilities.

With this impressive property providing a gross return of 5.7% with annual increases and long lease in place, makes this one not to be missed.

For a Due Diligence Checklist go to: consumer.vic.gov.au/duediligencechecklist, or call us on (03) 5144 4333