INVESTMENT SUMMARY REPORT
Executive Overview
An exceptional opportunity to acquire a prime, highly specialized inner-city Melbourne industrial asset.
Unit 11, 2 Bromham Place offers a modern concrete tilt-slab warehouse, showroom, and high-spec food production facility. Positioned in the tightly held Richmond commercial precinct, the property is fully leased to an established food group, serving as the central production, administrative, and distribution hub for three retail restaurant locations alongside external wholesale clients.
Total Building Area: 407 m² approx.
Includes Office / Showroom Area: 114 m² over two levels
Mezzanine 100 m²
- Air-conditioned with modern glass facade
- Storage, staff amenities, and change rooms
- Parking: 4 allocated car spaces on title
For further details or to arrange an inspection of this investment contact
John Camilleri on 0409 327 120 or jpc@killenthomas.com.au
This is a rare opportunity to acquire an inner city freehold located
moments from Lygon Street all within a vibrant and rapidly developing retail and lifestyle precinct.
The opportunity is for Owners Occupiers, Investors and Developers
Building Area: 1345m2 approx.
Land Area: 755m2 approx.
Income: $140,000pa
Auction – Tuesday – 28th April at 11am onsite
For further details or to arrange an inspection contact John Camilleri on 0409 327 120
email: jpc@killenthomas.com.au
Area 400m2 approx.
Rarely do opportunities such as this present themselves in prime inner city locations like this.
The land is improved with a concrete warehouse, circa 1988 built concrete panel warehouse featuring single front roller shutter door access and springing height of 6.7m approx. The rectangular shaped clearspan warehouse provides a basic internal layout with kitchenette and amenities, semi recessed loading docks and ceiling mounted reverse cycle air conditioning.
The building is set against the front boundary and reflects site coverage of 84% approximately.
Premises: 51 Down Street Collingwood
Lease Term: Four (4) years
Commencement Date: 1st Sept 2022
Options: 3 + 3 years
Lease option expiry 2032
For further information or to arrange an inspection contact John Camilleri on 0409 327 120 or email jpc@killenthomas.com.au
Excellent opportunity with immediate income with future development opportunity (s.t.c.a.)
Investment
- Long standing Business since 2009 approximately.
- Pack and Send (National Tenant)
- Building Area: 115m2 approx.
- Land Area: 216 m2 approx.
- Current Rental: $44,800pa plus GST and outgoings (except land tax)
- Lease Commencement: 2nd June 2025
- Term: Two (2) years
- Further Term: Three (3) terms of three (3) years each.
- Reviews: Annually by 3%
- Security Deposit: Equivalent to one (1) month
- Personal Guarantors
- Located amongst local community environment, residential development, shops and offices, Foodworks, Priceline, Pharmacy and Cafes.
- Tram at front door
- Rear laneway access
- Onsite parking.
