High Profile Bayside Manufacturing & Logistics Investment
Nichols Crowder, in conjunction with Colliers, are pleased to offer for sale 54-84 Boundary Road, Braeside, a high-profile manufacturing and logistics investment, underpinned by three street frontages and uniquely positioned within the premier Bayside industrial precinct of Braeside.
Delivering a diversified income stream and exceptional future redevelopment fundamentals, the offering benefits from the following key features:
* Secure passing income of $1,328,049 ($92/m²) per annum, which is substantially below assessed net market levels, providing significant long-term positive rental reversion potential.
* Secure Long WALE of 9.1 years by income, underpinned by three embedded tenants with staggered lease expiries providing stable and projectable income growth.
* Versatile high-clearance manufacturing and logistics facility spanning 14,361m²*, containing six recessed loading docks, multiple on-grade RSD’s and six overhead gantry cranes ranging from 10-16 tonne.
* The facility is underpinned by high-quality established tenant profiles including Breeze Logistics, Dawborn Steels and Perroplas Australia.
* Commanding 25,067m²* regular shaped landholding enjoying in excess of 430m* combined road frontage.
* Three (3) street frontages supporting an array of longer term higher order redevelopment pathways.
* Braeside is a heavily institutionalised precinct, part of the wider South Eastern Industrial market, which is supported by a low vacancy rate of 1.9%, 38% institutional ownership, and limited future land supply.
To request further due diligence information or to arrange an inspection, contact the exclusive Nichols Crowder and Colliers selling agents.
DISCLAIMER:
* All information and measurements are approximate and should not be relied upon as accurate. The stated net internal area of the premises is provided as an indicative estimate only and is not a substitute for carrying out precise measurements. Interested parties should refer to the Contract of Sale and/or Lease documentation for definitive details. All images are subject to copyright.
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