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Tailored Beverage Company, 1 Wurundjeri Drive, EPPING, VIC, 3076

+12 Photos

+14 Photos

SOLD

Tailored Beverage Company, 1 Wurundjeri Drive, EPPING, VIC, 3076

Properties / Sold / Victoria / Epping

Tenanted Investment

1. Property Summary

Selling Method

Auction

Selling Details

Price on Request

Land Area

5,008 m² (*approx)

Floor Area

1603 m² (*approx)

Property Type

Industrial, Retail, Other

Sub-type

Office/Warehouse, Logistics Building, Mixed Use

Show All

2. Property Highlights

Essential Service Industrial Investment with Land for Expansion

Extended 5+5+5 year lease
Favourable net lease terms
1,000sqm land for expansion STCA

Extended 5 year net lease with options through to 2036.

Annual CPI reviews through to 2026 converting to fixed 2.5% increases through option periods.

Securely leased to leading packaged liquor manufacturer (Tailored Beverage Company) with stock lines throughout Coles and Woolworths stores nationally.

Six month Bank Guarantee in place, plus the tenant pays council rates, water rates, land tax and management fees.

5,008sqm* corner site in the tightly held Northpoint Enterprise Park which is surrounded by leading industrial, FMCG and LFR occupiers including the Melbourne Fruit and Vegetable Markets, Bunnings Warehouse, Ford, Mercedes, Mission Foods and StratCo.

Strategic logistics location, 1km to the Hume Freeway and Ring Road network via Cooper Street.

Building comprises two adjoining modern office/warehouse facilities totalling 1,603sqm*.

Over 1,000sqm* of potential expansion land (STCA) on title.

Net rental: $324,944 pa + GST.

For Sale by Investment Portfolio Auction

11am (AEST) Tuesday 28 September 2021

Remember to mention you found this property on CommercialReady.com.au

Property Type

Industrial, Retail, Other

Sub-type

Office/Warehouse, Logistics Building, Mixed Use

Land Area

5,008 m² (*approx)

Floor Area

1603 m² (*approx)

Selling Method

Auction

Selling Details

Price on Request

2. Property Highlights

Essential Service Industrial Investment with Land for Expansion

Extended 5+5+5 year lease
Favourable net lease terms
1,000sqm land for expansion STCA

Extended 5 year net lease with options through to 2036.

Annual CPI reviews through to 2026 converting to fixed 2.5% increases through option periods.

Securely leased to leading packaged liquor manufacturer (Tailored Beverage Company) with stock lines throughout Coles and Woolworths stores nationally.

Six month Bank Guarantee in place, plus the tenant pays council rates, water rates, land tax and management fees.

Strategic logistics location, 1km to the Hume Freeway and Ring Road network via Cooper Street.

Building comprises two adjoining modern office/warehouse facilities totalling 1,603sqm*.

Over 1,000sqm* of potential expansion land (STCA) on title.

Net rental: $324,944 pa + GST.

For Sale by Investment Portfolio Auction

11am (AEST) Tuesday 28 September 2021

Remember to mention you found this property on CommercialReady.com.au

Tenanted Investment