Dixon Commercial Real Estate are pleased to offer for sale 58 Bennu Circuit, Thurgoona via an Expression of Interest closing Friday 25 October at 12 noon.
The site comprises an area of approximately 21,600 square metres and has a huge frontage to Bennu Circuit of about 390 metres and comprises three separate industrial buildings with an area of 5,662 square metres.
The property is being sold subject to a ten (10) year lease to Dahlsens Building Centres Pty Ltd plus a vacant warehouse comprising approximately 1,300 square metres.
The site is superbly positioned within Albury's premier airport industrial precinct and is in close proximity to the Hume Freeway with strategic logistical advantage between Melbourne and Sydney.
This strategic location on Australia's main transport corridor provides businesses with significant competitive advantages in terms of freight and distribution with more than 75% of Australia's population able to be reached by overnight road or rail.
Dahlsens pay an annual rent of $370,000 plus GST and outgoings.
Potential rent on a fully let basis approximately $510,000 per annum plus GST and outgoings.
Opportunity to invest and own and occupy the vacant warehouse and/or lease and retain as a long-term industrial investment.
Terms: 10% deposit, balance 60 days.