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Hino, 13-17 Industrial Place, Breakwater, Vic 3219

Hino, 13-17 Industrial Place, Breakwater, Vic 3219

Industrial/Warehouse Retail Showrooms/Bulky Goods

  • Sold Contact Agent
  • Wed 23-Sep-20

Strategic, Freestanding Industrial Investment

  • Annual fixed 3.5% rent increases
  • Renewed 5 year lease plus options
  • Thriving, essential service tenant

  • Land Area
  • 3787.00 m² (approx)
  • Floor Area
  • 1,931 m²
  • Tenure Type
  • Tenanted Investment
  • Building
  • Whole
  • Last Updated
  • Nov 13, 2020

Additional Details

Interested in this property? Contact an Agent today

Burgess Rawson - Melbourne

Level 7, 140 Bourke Street

Melbourne Vic 3000

Jamie Perlinger, Burgess Rawson - Melbourne
Jamie Perlinger
Billy Holderhead, Burgess Rawson - Melbourne
Billy Holderhead
Beau Coulter, Burgess Rawson - Melbourne
Beau Coulter

Strategic, Freestanding Industrial Investment

Industrial: The most sought-after commercial property type**.
Secure net lease, renewed leased to July 2024 plus options.
Award winning tenant: Till Hino Sales and Service, a top dealer for Hino Trucks Australia, recently expanded to Ballarat.
Booming light truck sector: In June Hino Australia broke its record number of monthly sales***. In Victoria, increased demand for light trucks is largely being driven by 157% growth in online shopping deliveries****.
Annual fixed, compounding 3.5% rent increases.
Significant 3,787 sqm* site with easy access.
Modern 1,931 sqm* high-clearance, clear-span warehouse.
High-activity industrial precinct, 3.5km* from Geelong CBD, with 0% vacancy rate above 500 sqm** and over 100 new warehouses/factory units recently completed or under construction.
The Breakwater Estate supports 2,747 jobs***** with major employers including Bunnings Trade, CSR, Coles Group, Steggles (La Ionca) Chicken, Mainfreight and Barwon Water, all within 750 metres*.
Greater Geelong: One of Australia’s fastest growing regions, forecast to add 129,936 new residents by 2041*****.
Estimated Net Rent: $187,057 pa.
Strategic essential

Hino, 13-17 Industrial Place, Breakwater, Vic 3219

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