Nelson Alexander Commercial are pleased to offer for Private Sale this prominent Tullamarine investment. This fantastic freehold sitting on approx. 1,300m2 of land and securely leased to long standing multinational tenant ‘BVAQ’ previously known as ‘Dairy Technical Services’. Located in the prime Tullamarine location and so close to the Melbourne Airport, the potential is unlimited.
Key Investment Features:
- Securely leased to ‘BVAQ’ – well established multinational company founded in 1954
- Long term tenant of 20 years
- Lease expiring 31/12/2024 with flexibility to sign a new lease
- Net return $100,000* pa (tenant pays Land Tax)
- Fixed 3% annual increases
- Generous land area of 1,300m2* plus building area of 830m2*
- Onsite parking for 14 cars
- Commercial 2 Zoning
- First time offered for sale in 21 years
- Tightly held prime Tullamarine location
- Neighbouring Melbourne Airport with exceptional freeway access
- Future development upside (STCA)
For all enquiries or to arrange private inspection, please contact exclusive agents Nelson Alexander Commercial
