biography

Associate - Industrial VIC

Cameron Stuckey

Two staged lease structure, 8%+ Yield on 27,340m2 development site This outstanding opportunity features: • Two separate leases returning $1,449,000p.a net plus GST and Outgoings* - Triple net lease • Bidfood Limited secure the leases until 20th September 2021 • 3.5% fixed rental increases • Termination rights within each lease for the lessor only to initiate • 165m frontage to Clayton Road • 27,340m2* Industrial 1 zoned land – City of Kingston • 14,700m2* of cool room, freezer, chiller and dry store • Masterplan your new industrial development in stages and activate its construction when ready or simply collect the income. Or Both! • Suit new office/warehouse, multi-unit development or land sub-division (subject to council approval) Located 1km south of Clayton’s retail precinct, approximately 20km south east of the Melbourne CBD, with excellent access to M1 freeway via Clayton Road. Clayton Road and Centre Road are now clear of level crossing with Skyrail complete, providing ease of access to Westall Road and Eastlink. To arrange an inspection or to find out more information please contact Daniel Kelly and Cameron Stuckey *approx.

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Last updated

Building

Zoning

588 Clayton Road

Sydney

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588 Clayton Road

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