34 Buys Court, Derrimut, Vic 3026

Industrial/Warehouse
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Published on: 30 Sep 2024
Last updated on: 12 Nov 2024
34 Buys Court, Derrimut, Vic 3026
34 Buys Court, Derrimut, Vic 3026
34 Buys Court, Derrimut, Vic 3026
+22
34 Buys Court, Derrimut, Vic 3026
  • 22
Property ID: 504700376
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Key property information

Land Size
9,628.00 m2
Zoning
Industrial 1
Floor Area
5,178.00 m2
Tenure Type
tenanted

Core Investment Opportunity in High Profile Location

34 Buys Court, Derrimut, Vic 3026
CBRE is pleased to present for sale 34 Buys Court, Derrimut.

Leased to national occupier Palram Australia, the modern 5,178sqm* office/warehouse is situated in the tightly held Derrimut precinct, a core logistics location with significant exposure to passing traffic along the Western Freeway.

Located only two traffic lights from the CBD, access to the site is bolstered by its proximity to the Robinsons Road Diamond Interchange (600m*) providing a direct link to the Western Freeway, West Gate Freeway and Western Ring Road.

Key Investment Criteria Below:
-	Building area: 5,178sqm*
-	Site area: 9,628sqm*
-	Tenant: Palram Australia
-	Passing income: $724,920 pa + GST & Outgoings ($140psm)
-	WALE: 4.7 years (as at Nov-2024)
-	Further terms: 2 x 5 years
-	Annual increases: 3.50% fixed
-	Full height concrete tilt-up panel walls
-	ESFR sprinkler system throughout
-	Five (5) on-grade roller doors
-	148m frontage to Western Freeway
-	Industrial 1 zone
-	14km* to Port of Melbourne
-	18km* to Melbourne CBD
-	16km* to Melbourne International Airport

For a copy of the Information Memorandum or to arrange an inspection, please contact the listed CBRE agents.

*approx.

Property Details

Basic Info

Property Type
Industrial/Warehouse
Listing Status
On Market
Land Size
9,628.00 m2
Address
34 Buys Court, Derrimut, Vic 3026
Josh Deluca
Josh Deluca
Tom Murphy
Tom Murphy
Andrew Bell
Andrew Bell
Level 34, 8 Exhibition Street, Melbourne, Vic 3000
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Josh Deluca
Josh Deluca
Tom Murphy
Tom Murphy
Andrew Bell
Andrew Bell
Level 34, 8 Exhibition Street, Melbourne, Vic 3000
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      Property ID: 504700376

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