Long term & secure retail investment to one of AUSTRALIA's best - KENNARDS HIRE. 105-107 MURPHY STREET RICHMOND TCI. Sale by Negotiation. Building 1,436m². LAND 1,517m²
Sale by Negotiation
Warehouse
None
1,517m²
1,436m²
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Tenanted Investment
Let’s just cut straight to it…
What are we offering? A secure land bank industrial investment leased to one of Australia’s best tenants who have been in occupation since 2013 and signed a new 10 x 5 x 5 year lease in November 2022.
Who is the tenant? Kennards Hire – with circa 324 locations under the Kennards brand across Australia & New Zealand.
What’s the site like? A rare three street frontage warehouse located just on Murphy Street, Richmond – just next to Bridge Road.
Why should we buy? Land, frontage, security of tenant and most importantly future land growth potential.
This is a no brainer long term hold, on a large and rare three street frontage sites, on a long term secure lease to an exceptional tenant. All you have to do it buy today, collect the rent, sit back and watch the land appreciate over the years to come creating generation wealth.
The Details.
