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
Burgess Rawson - Melbourne
Level 20, 150 Lonsdale Street, Melbourne, Vic
Properti ID: 504770536