A 'Ginuine' Investment in Dromana
FOR SALE BY SET DATE CLOSING TUESDAY 29TH OCTOBER AT 2PM
Nichols Crowder are extremely proud and honored to offer to the market a generational investment opportunity at 40 Collins Road, Dromana.
Tenanted since construction by Bass and Flinders Distillery, this impressive and diverse investment opportunity is the one you’ve been searching for.
Situated on the corner of Collins Road and Thompson Terrace in Dromana’s famed industrial estate.
Being offered to the market via a For Sale by Set Date Campaign closing 29th October 2024 at 2pm.
Key features include:
* Exceptional tenant: Bass and Flinders Distillery
* New ten (10) year lease until 2034
* Two (2) further options until 2044
* Net income: $104,000 p.a.* + GST
* Desirable 3.75% annual rental increases
* Strong security provided
* Less than 5-years-old, quality build by WorkingDog Construction (built 2019)
* Total building area: 490sqm* plus 96sqm* of balcony
* Land area: 773sqm*
* Strategically located within a high-demand Industrial estate and prominent corner position
To access the Dataroom for a copy of the Information Memorandum, please click the link below:
https://cr.instadocs.com.au/invite/27355/open
* Please note the business is not for sale*
For further information or to arrange an inspection, please contact the listing agents.
PLEASE NOTE:
* All information and measurements are approximates. Please refer to Contract of Sale and/or Lease documentation. All images subject to copyright.
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