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67 Boundary Road & 52-58 Mark Street, NORTH MELBOURNE VIC 3051 SALE
HIGH YIELDING NORTH MELBOURNE LABORATORY INVESTMENT
19
Price
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Area
1,794 sqm
Land Area
- Expected yield range 8% - 8.75%
- New 5 year leases to global tenant
- To be sold seperately or together
Description
Gorman Commercial is pleased to offer Unit 2, 67 Boundary Road and 52-58 Mark Street, North Melbourne for Private Sale.
The two properties can be purchased separately or together.
Key Properties Features Include:
• New 5-year leases to global company Merieux NutriSciences
• Vital food testing laboratory operation within both buildings
• Unit 2, 67 Boundary Rd – net rent $331,000 pa plus GST and all outgoings
• 52-58 Mark St – net rent $410,000 pa plus GST and all outgoings
• Combined net rent $741,000 pa plus GST and all outgoings
• Significant make good clauses in both leases
• Total building area 1,794 sqm plus 29 car spaces
• 250 metres from Macaulay Station and nearby the new Arden Station and Citylink
UNIT
Unit
Area
Price
Unit 2
782 sqm
Contact Agent