Expansive Industrial Investment with Outstanding Access to the Melbourne International Airport

Sold - 36-38 Trade Park Drive, Tullamarine

Investment opportunity, Industrial

Sale Details

Sold on 24 Oct 2013

Building Area 2400m²
Land Area 4648m²

Overview

Sale History ID: 21289
Property ID: 8915
Advertised Price: Contact Agent

Description

CVA Property Consultants are pleased to offer you the opportunity to secure a prime investment in the sought after Tullamarine / Melbourne International Airport precinct.

The substantial industrial facility is currently leased to AGS World Transport Pty Ltd on a brand new term of three (3) + three (3) years and returns $217,000.00 per annum gross plus GST.

AGS World Transport has been in occupation of the building since 2005 and is a 100% Australian owned and operated international freight forwarder with dedicated overseas agent networks spanning across all 5 continents and covering 72 countries.

The property comprises a large air-conditioned two-level office of 500m2 (approx) with foyer and reception, open plan office areas, meeting and board rooms, kitchen and lunchroom, and amenities. The warehouse comprises air-conditioned dispatch office, amenities, high clearance, multiple roller door access and canopies. Further enhancing the property is an outdoor BBQ area, 36 onsite car spaces and a concrete paved truck manoeuvring/unloading area.

The convenient location provides direct access to the Melbourne International Airport via Melrose Drive, and close proximity to the Tullamarine Freeway, Western Ring Road and Essendon Airport.

Enquire today.

Additional Info
Features
TenancyAGS World Transport Pty Ltd
Lease TermThree (3) + three (3) years
Commenced1st November 2013
Rent ReviewAnnual CPI, market review at option
Bond/Guarantees$50,000.00
Outgoings PayableBy landlord
Car Spaces36 onsite car spaces
ZoningBusiness 3 Zone (B3Z)
Outgoings
Agent Details
CVA Property Consultants - Anthony Carbone

Anthony Carbone

M | 0488 440 190
T | (03) 9623 2559
E | [email protected]