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Expressions of Interest $6,300,000 - $6,900,000
Expressions of Interest closing Friday 11th September at 2:00pm (Unless Sold Prior)
Spanning approximately 10 acres (4.05ha), this exceptional industrial investment presents a rare opportunity to secure a premium asset leased to one of Australia's largest fertiliser companies. Combining a substantial landholding with a secure income stream and significant future upside, the property offers investors the perfect balance of immediate returns and long-term growth potential, while also representing an outstanding land banking opportunity in an evolving growth corridor.
Returning an impressive annual net rental income of $399,213 + GST + Outgoings, the lease is underpinned by fixed annual 3% rental increases, delivering consistent income growth and long-term security.
The property features approximately 5,457sqm of quality industrial buildings, comprising extensive warehouse, storage and operational facilities together with a well-appointed office and administration complex. The office accommodation has been thoughtfully designed to support a large-scale business operation and includes a welcoming reception area, multiple private offices, a spacious open-plan office, staff room, kitchenette, equipment storage and modern staff amenities, providing a professional and highly functional workplace.
Enjoying approximately 290 metres of road frontage, the site offers exceptional exposure, excellent accessibility and outstanding flexibility for industrial operations. Its strategic position, only minutes from the Koo Wee Rup township and with convenient access to the South Gippsland Highway, places the property within an increasingly important growth corridor, benefiting from established infrastructure and a strong regional catchment.
Further enhancing its appeal is the property's proximity to the Neighbourhood Residential Zone (NRZ1), presenting compelling long-term development potential (STCA) as the surrounding area continues to experience sustained population and infrastructure growth. Combined with its strategic location and secure holding income, the property offers investors an attractive opportunity to land bank a significant asset while benefiting from a strong, established tenancy.
Suite 5/176-182 Main Street, Mornington VIC 3931
Call Jason Dowler on
0403598754
Call Sarah Martin on
0359707333
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