1/118 Payne Road, New Gisborne

Prime Commercial Investment Opportunity in Gisborne Business Park

Factory 5 (Lot 1)/118 Payne Road, New Gisborne is an exceptional opportunity for investors to secure a modern facility within the highly sought after Gisborne Business Park, formerly known as the New Gisborne Industrial Estate.

Key Features:
Total building area – 544.7 m2 (approx.)
Includes
Warehouse with ground floor reception/foyer area, lunchroom, and amenities (444.8 m2 approx.)
First-floor office space with a kitchenette and amenities (99.9 m2 approx.)
Warehouse with high internal clearance
High clearance roller door
Secure fencing and motorised gates
Ample onsite car parking

Tenancy Details:
Currently returning: $67,600 (approx.)p.a. plus GST and Outgoings
Current term: 5 years, expiring September 2028 with a further 5 year option
Fixed annual increases

Location:
Ideally located with easy access to Calder Freeway, allowing connection to Melbourne CBD, Port of Melbourne, Airport, Sunbury, and Bendigo.

For further details or to arrange an inspection, contact Jason Kennedy on 0417 383 235 today!

***PHOTO ID REQUIRED AT INSPECTIONS***

DISCLAIMER: All dimensions are approximate only. Particulars given are for general information only and do not constitute any representation on the part of the Vendor or Agent. All prospective buyers must undertake their own due diligence.

Consumer Affairs Due Diligence Checklist:
https://www.consumer.vic.gov.au/housing/buying-and-selling-property/checklists/due-diligence