60 Terra Cotta Drive , Nunawading

6416.00m2
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Long term lease - premium government covenant

EOI CLOSING WEDNESDAY 18TH OCTOBER 2017 AT 3PM

A rare opportunity to purchase a 'set and forget' investment securely leased.

• Lease Term: 20 years (14 years remaining)
• Land Area: 12,870m2*
• Building Area: 6,416m2*
• Two level office warehouse securely leased to a government owned corporation
• Options: 10 + 10 + 10 years
• Current Rental: $750,375* p.a. net
• Rent Reviews: 3.5% annual, market every 5 years (with a ratchet provision)
• Lessee pays outgoings including Land Tax on a single holding basis
• 300m* from Whitehorse Road
• Blue chip investment

In conjunction with CBRE

*Approx.

60 Terra Cotta Drive
Nunawading VIC 3131

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