High Profile Location and New 10 Year Lease
SOLD
557 Mount Derrimut Road
Derrimut VIC 3030
Industrial
FOR SALE
28024m2
557 Mount Derrimut Road comprises a 2 level modern architecturally designed office with a dado constructed warehouse, large canopy and enormous external heavy duty hardstand. Located on this hardstand are three 6-10 tonne gantry cranes divided over three bays. Internally within the warehouse there are 7 bays each with 6 ââ¬â 10 tonne gantry cranes.
The property is located near the corner of Boundary and Mount Derrimut Roadââ¬â¢s within the Gilbertson Industrial Estate. The property is just two kilometers east of the Western Ring Road and approximately 15 kilometres from the CBD and Ports.
- Building Area: 28,024 sqm approx including 1,024 sqm of office area
- Site Area: 64,610 sqm approx
- Tenant Covenant: The property is leased to Gam Steel Service recently acquired by NYSE listed CMC (Commercial Metals
Company)
- Lease Term: 10 years
- Further Term: 6 years
- Income Summary: $1,877,620 pa net
The property is located near the corner of Boundary and Mount Derrimut Roadââ¬â¢s within the Gilbertson Industrial Estate. The property is just two kilometers east of the Western Ring Road and approximately 15 kilometres from the CBD and Ports.
- Building Area: 28,024 sqm approx including 1,024 sqm of office area
- Site Area: 64,610 sqm approx
- Tenant Covenant: The property is leased to Gam Steel Service recently acquired by NYSE listed CMC (Commercial Metals
Company)
- Lease Term: 10 years
- Further Term: 6 years
- Income Summary: $1,877,620 pa net