826 Hope Court, North Albury

SECURELY LEASED INVESTMENT TO MULTI-NATIONAL ENTITY

Dixon Commercial Real Estate are pleased to offer for sale 826 Hope Court, North Albury via public auction on Friday 21 April at 2.30pm on-site.

The 650 sqm showroom/warehouse is positioned on a site of approximately 1,470 sqm, and is offered for sale subject to a lease to Beijer Ref Australia.

The parent company Beijer Ref is one of the world's largest global refrigeration wholesalers. The group comprises approximately 70 subsidiaries across 42 countries. With around 450 branches the group employs approximately 4,500 employees and has over 100,000 customers.

Lease details are as follows:
Tenant: Beijer Ref Australia Pty Ltd
Lease: Three (3) years commencing 27 August, 2022
Option: Three (3) years
Rent: $44,340.60 per annum (plus GST and outgoings)
Rent Reviews: Annual CPI Increases

This offering represents a rare opportunity to acquire a securely leased investment in a tightly held industrial location.

Terms: 10% deposit, balance 60 days.

For more information or to request a copy of the Information Memorandum, please contact the Sales Agents below.