An outstanding investment opportunity, located in the finest estate in Melbourne's booming Northern industrial region. A high quality building with first class tenant in an industry that is thriving in the current environment.
Office: 967m2
Warehouse: 10,785m2
Land Area: 17,000m2
Lease Details:
Tenant: Australian Brushware Corporation Pty Ltd
Lease Term: 4.25 Years Commenced 1/5/2020, Expires 31/7/24
Options: Two Further terms of 2 years
Notice Period: 12 Months prior to lease end
Rental: $925,000pa + GST + Outgoings
Rental per sqm: $78m2
Bank Guarantee: $693,750
Increases: 3% pa fixed with market review at option
Features:
- A grade modern building
- Superb Estate environment
- International Corporate tenant
- Substantial bank guarantee
- Located in the heart of Melbourne's Northern growth corridor
- Purchaser has the first right of refusal to purchase adjoining land of 6009sqm
- Same tenant has occupied since 2006
Virtual Tour:
https://my.matterport.com/show/?m=FRp9QjeMVBd&brand=0
Contact Drew Williams 0408 013 968 Today!
The size of Campbellfield is approximately 12.3 square kilometres. There are 9 parks, covering nearly 7.3% of the total area. The population of Campbellfield in 2016 was 5056 people. By 2021 the population was 4977 showing a population decline of 1.6% in the area during that time. The predominant age group in Campbellfield is 20-29 years. Households in Campbellfield are primarily couples with children and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Campbellfield work in a trades occupation.In 2021, 69.60% of the homes in Campbellfield were owner-occupied compared with 70.10% in 2016.
Campbellfield has 5,824 properties. Over the last 5 years, Houses in Campbellfield have seen a 18.36% increase in median value, while Units have seen a 24.53% increase. As at 30 June 2026:
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