Melbourne, 13 September 2013-Stockland Trust Management Ltd has leased a 1,643sqm office warehouse to Transfab Reinforcement Australia.
215-219 Maidstone Street, Altona, is a 1,643sqm building set on a large, fully fenced secure site with excellent truck access, loading and car parking. The property also benefits from gantry crane and large power supply.
Located on the corner of Maidstone Street and Ajax Road, the property benefits from easy access to the Princess Freeway.
The property has been leased for 2+2 years with 2 months’ rent free, at an annual rental of $120,000 net.
Todd Grima and Harry Kalaitzis from CBRE were the leasing agents.
“The building leased before the signboard and internet went up. This was a reflection of a shortage of properties sub 3,000sqm offering gantry cranes and large power supply,” said Mr Grima.
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About CBRE Group, Inc.
CBRE Group, Inc. (NYSE:CBG), a Fortune 500 and S&P 500 company headquartered in Los Angeles, is the world’s largest commercial real estate services and investment firm (in terms of 2012 revenue). The Company has approximately 37,000 employees (excluding affiliates), and serves real estate owners, investors and occupiers through more than 300 offices (excluding affiliates) worldwide. CBRE offers strategic advice and execution for property sales and leasing; corporate services; property, facilities and project management; mortgage banking; appraisal and valuation; development services; investment management; and research and consulting. Please visit our website atwww.cbre.com.au.