Burgess Rawson in conjunction with Cameron are delighted to offer to the market this premium industrial investment at 11 Industrial Drive, Pakenham VIC.
Investment Highlights:
+ Ten (10) year lease through to 31 January 2028 plus 3 x 10 year options through to 2058.
+ Civilmart: Australia’s leading precast concreting brand with a rich history and a network of 24 manufacturing facilities across VIC, NSW, QLD & SA. Civilmart has recently been acquired by Irish Giant CRH (Fortune 500 company) who are listed on the New York and London Stock Exchange with a reported $34.9B revenue in 2023.
+ Landlord favourable net lease terms with the tenant responsible for all usual outgoings as per the lease
+ Annual CPI rent reviews.
+ Significant 34,710* sqm prime Industrial 1 Zoned land within one of Melbourne’s most sought after South-Eastern industrial precincts.
+ Positioned in the heart of Pakenham boasting outstanding access to nearby transport links and situated within the Officer-Pakenham State Significant Industrial Precinct (SSIP).
+ Commanding 248* metres of frontage and exposure to Industrial Drive with an abundance of on-title car spaces providing seamless entry to the facility.
+ Blue Chip Pakenham location, only metres from Koo Wee Rup Road, providing immediate connectivity to the M1 freeway.
+ The surrounding region is benefitting from substantial infrastructure projects run by the state government to support the rapid population growth and employment within the Officer-Pakenham PSP area.
+ Modern 4,777* sqm building, comprising warehouse (4,342* sqm), offices plus canopy and high ceilings with a maximum clearance of 15.2 metres – Constructed 2018
+ Land Rich Industrial investment appealing to investors and land bankers – Taxable Value $12,500,000 in 2024.
+ Net Income: $415,006* pa + GST (as at 1/2/2025)
To be sold via Burgess Rawson Investment Portfolio Auction 174
10:30am (AEDT) Wednesday 19 February 2025
River Room - Crown Casino, Melbourne
*Approx
Remember to mention you found this property on CommercialReady
Burgess Rawson in conjunction with Cameron are delighted to offer to the market this premium industrial investment at 11 Industrial Drive, Pakenham VIC.
Investment Highlights:
+ Ten (10) year lease through to 31 January 2028 plus 3 x 10 year options through to 2058.
+ Civilmart: Australia’s leading precast concreting brand with a rich history and a network of 24 manufacturing facilities across VIC, NSW, QLD & SA. Civilmart has recently been acquired by Irish Giant CRH (Fortune 500 company) who are listed on the New York and London Stock Exchange with a reported $34.9B revenue in 2023.
+ Landlord favourable net lease terms with the tenant responsible for all usual outgoings as per the lease
+ Annual CPI rent reviews.
+ Significant 34,710* sqm prime Industrial 1 Zoned land within one of Melbourne’s most sought after South-Eastern industrial precincts.
+ Positioned in the heart of Pakenham boasting outstanding access to nearby transport links and situated within the Officer-Pakenham State Significant Industrial Precinct (SSIP).
+ Commanding 248* metres of frontage and exposure to Industrial Drive with an abundance of on-title car spaces providing seamless entry to the facility.
+ Blue Chip Pakenham location, only metres from Koo Wee Rup Road, providing immediate connectivity to the M1 freeway.
+ The surrounding region is benefitting from substantial infrastructure projects run by the state government to support the rapid population growth and employment within the Officer-Pakenham PSP area.
+ Modern 4,777* sqm building, comprising warehouse (4,342* sqm), offices plus canopy and high ceilings with a maximum clearance of 15.2 metres – Constructed 2018
+ Land Rich Industrial investment appealing to investors and land bankers – Taxable Value $12,500,000 in 2024.
+ Net Income: $415,006* pa + GST (as at 1/2/2025)
To be sold via Burgess Rawson Investment Portfolio Auction 174
10:30am (AEDT) Wednesday 19 February 2025
River Room - Crown Casino, Melbourne
*Approx
Remember to mention you found this property on CommercialReady
11 Industrial Drive, Pakenham, VIC, 3810