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For Sale — For Sale

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Property Details

Type Offices

Agents Peter Bremner , Stephen Gorman

Land Area 0m

Building Area 782 - 1,794m

 

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

Listing Highlights

  • Expected yield range 8% - 8.75%
  • New 5 year leases to global tenant
  • To be sold seperately or together

For any further information or to arrange an inspection please contact one of the below agents.

 

Peter Bremner

M  0412 326 942

E   pbremner@gormancommercial.com.au

Stephen Gorman

admin

 

M  0418 321 828

E   sgorman@gormancommercial.com.au

 

Gorman

marketing@gormancommercial.com.au