Gorman Commercial FOR SALE

35-37 Lakeside Drive, Broadmeadows

expression of interest

UNBEATABLE BLUECHIP INVESTMENT

An outstanding opportunity to acquire a securely leased industrial investment, home to Ingal Civil which parent company is listed on the New York Stock Exchange, with a market cap of $5.3 billion.

Expressions of Interest close Thursday 13th May 2021 at 2pm

Key property features include:

* Tenant: Industrial Galvanizers Corporation T/as "Ingal Civil"
* Income: $300,000 pa net (Tenant pays all outgoings including land tax and management fees)
* Term: New five (5) year term
* Long established tenant
* Annual 3% fixed increases
* Building area: 3,140 sqm approx.
* Land area: 6,533 sqm approx.

Located in the tightly held MAB Northcorp Business Park. Whilst securely leased, the property offers a future proofed location and exceptional existing structure on a substantial land holding.

Listing Highlights

  • Income: $300,000 pa net
  • Long established tenant, Ingal Civil
  • Land area: 6,533 sqm*

Property Details

Asset Type
Industrial Warehouse
Building Area
3,140 m2*
Price
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