For Sale
Premium Industrial Investment With Long Lease to 2035 Plus Options to 2045
360-366 Settlement Road, Thomastown VIC 3074
Vinci Carbone are pleased to present for sale this exceptional industrial investment, prominently positioned within Melbourne's highly sought-after northern industrial precinct. Securely leased to Networkpak Pty Ltd, this premium-grade asset delivers a rare combination of long-term income security, quality improvements and significant underlying land value.
Extensively refurbished to a high standard, the property occupies a substantial 18,050 sqm* Industrial 1 Zoned landholding and benefits from a long lease, fixed annual rental growth and a tenant responsible for all outgoings, making it an outstanding opportunity for investors seeking a secure, passive investment.
Key Highlights
Approx.
Extensively refurbished to a high standard, the property occupies a substantial 18,050 sqm* Industrial 1 Zoned landholding and benefits from a long lease, fixed annual rental growth and a tenant responsible for all outgoings, making it an outstanding opportunity for investors seeking a secure, passive investment.
Key Highlights
- Securely leased to Networkpak Pty Ltd until February 2035 with further options through to 2045
- Networkpak Pty Ltd is a packaging giant company established in 1972
- Current rental income of $1,187,758 per annum + GST
- Fixed 3.5% annual rental increases
- Tenant pays all outgoings, including Land Tax
- Premium industrial facility of approximately 9,130 sqm* on an expansive 18,050 sqm* landholding
- Extensively refurbished throughout in 2023
- Excellent hardstand areas and 83 on-site car spaces
- Prime Industrial 1 Zone (IN1Z) location with outstanding connectivity to the Metropolitan Ring Road
- Positioned within one of Melbourne's most tightly held and supply-constrained industrial precincts
Approx.