CBRE FEATURE PROPERTY - Brooklyn Vic

Friday, June 24, 2016

Feature Property

521 Geelong Road, Brooklyn, Vic 3012

 

 

NEW 12 YEAR LEASE - INFILL LOCATION

 

- Leased to Tasman Logistics Services Pty Ltd for an initial term of 12 years, with options available thereafter

- Commencing rent of $1,550,000 per annum triple net

- Located in a tightly held infill area just 10 kilometres* from the Melbourne CBD and 7 kilometres* from the Port of Melbourne

- Excellent fixed reviews of 3.25%

- Low site coverage of 24%*

- Significant corner site of 5.2 hectares* offering future redevelopment potential (STCA)

- Dual street frontages providing future flexibility

- 28,870 sqm* of 100T container rated hardstand

- Excellent access to major surrounding arterials including the West Gate Freeway, Princes Freeway and the Western Ring Road


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