Darcy Jarman is pleased to present for private sale this set and forget investment opportunity in the booming Geelong Ring Road Employment Precinct (GREP).
Consisting of a brand new 2,260m2* warehouse office, positioned on the corner of O'Briens Road and Enterprise Drive. Home to a notable engineering business Fleetwood Urban, on a 5-year term.
The exceptional investment benefits from significant depreciation allowances and a tenant paying all outgoings including Land Tax.
Key features include:
• High profile corner landholding of 4,003m2
• Building area: 2,260m2* with 10-ton gantry crane and 27 onsite car spaces
• Lease term: New five (5) year lease with options to 2038.
• Current income: $275,000 pa plus gst
• Highly attractive lease structure with tenant paying all outgoings including land tax
• Significant depreciation benefits
• Premium industrial location just 1km from the Geelong Ring Road, 11km from Geelong CBD and 45mins to Melb. CBD
To request information, please contact the below agents:
Tim Darcy + 61 418 522 523
Andrew Prowse + 61 418 534 076
*approx.