Modern Industrial Facility within Sought After Redland Estate.

Sale Details

Sold on 23 Jul 2019 for $3,060,000

Description

Freestanding industrial investment property leased to longstanding Tenant, 13 Redland Drive, Mitcham is offered For Private Sale.

Leased to multinational secure printing / digital security organisation since 2011, to Gemalto a Thales Company. Additional information is available via their website www.gemalto.com which outlines their revenues of 3 billion Euro*, 15,000 employees and operating in 47 countries.

Key Points :
- Current Lease term: 3 + 3 + 3 years
- Commenced: 1st December 2017
- Rental: $152,647.32 per annum + GST
- Building area: 1,194m2* including two level offices/ amenities area 227m2* and mezzanine 230m2*
- Extensive fitout by the current long standing tenant incorporating high technology processing areas.
- Site area: 2,211m2*

Located within the highly sought after Redland Drive Estate, accessed via Mitcham Road, 27 kilometres * east of the Melbourne CBD, 1.8 kilometres* from Mitcham Railway Station and 2.9 Kilometres from the Canterbury Road / Eastlink on/off ramp.

For further information please contact exclusive sole agents CVA Property Consultants

*Approx
Pricing excludes GST.