Campbellfield Victoria, Investing Syndicate, Warehouse -10.4% pa forecasted return
Cambellfield Warehouse/Distribution Centre is all class
Cambellfield is a mixed industrial/residential suburb 16 kms north of Melbourne’s CBD, and there are a few things that make it the ideal location for a distribution centre. Four things, actually. Easy CBD access, easy Hume Highway access, easy Tullamarine airport access, and easy Port of Melbourne access.
Fast and easy access to a major population centre, a north/south highway, air freight and sea freight—that’s what global companies and Australian exporters are looking for in a distribution centre. The trouble is that good-sized companies need good-sized warehouses, complete with offices, with serious clearspan and large canopy areas, thoughtful design to facilitate loading, and warehouse space of around 10,000 square metres.
Enter this substantial warehouse/distribution centre in Cambellfield, offered now by a boutique fund manager for syndication. It’s offered with a solid lease intact and two options—which makes sense, because it’s over 11,000 square metres including the offices, with loading from four sides of the building, 12 container-height roller doors and two separate buildings, one of which is completely column free with a clearspace of 52 metres!
This is high-quality commercial property with both in-demand facilities and location, location, location. The ASIC-registered fund manager has done a great job in tailoring an investment that would appeal to wholesale investors like self-managed super funds.
Class investments like these don’t last long. This fund has been fully subscribed.
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