****SOLD****
Gross Waddell ICR is pleased to present to the investment market and future owner occupiers 9/435 Williamstown Road, Port Melbourne. An extremely well-presented office warehouse.
The property offers open plan and individual/private offices along with amenities on both levels, a boardroom, 179 m2* of high clearance warehouse with roller door access and 32 onsite car spaces. Excellent access to the property from Williamstown Road and Plummer Street, the property stands prominent with exposure from passing traffic on Plummer Street.
9/435 Williamstown Road, is worth of consideration for your property portfolio.
- Rental income: $263,710 p.a. Net
- Term: Five (5) Years
- Commencement date 1st Nov 2018
- Option: Two (2) Years
- Annual CPI increases and Market review at option
- Security Bond: Bank Guarantee $250,000*
- Building area: 1,054 m2*
- Two level Office warehouse
- 179 m2* High Clearance Warehouse
- Roller Door Access
- 32 car spaces on title
- Quick access to the freeway, Melbourne CBD, Bay Street retail strip and Port Phillip Bay
About the Tenant:
GreyScan Australia Pty Ltd is the inventor and manufacturer of Australian trace detection technology. Established in 2015 to develop and commercialise the ETD-100 inorganic explosive trace detector, GreyScan established its home in Port Melbourne in 2018, where it continues to develop and manufacture ground-breaking screening tools for global demand. Since the initial award-winning R&D undertaken in conjunction with the University of Tasmania (GreyScan was awarded the 2019 Eureka Prize for Outstanding Science in Safeguarding Australia), GreyScan has invested $35M to grow its manufacturing facilities in Australia. GreyScan’s ETD-100 has been developed over a number of years and with significant private and government investment to be fast, accurate, portable and easy to use. The ETD-100 is in use by global Government agencies including the Australian Federal Police and German Federal Police, as a valuable tool in the detection of explosives.
(Source: https://greyscandetection.com/about.html)
The property is offered for sale via Public Auction on Thursday 28th July at 12pm onsite.
For further details or to book a private inspection please contact the exclusive agents at Gross Waddell ICR.
