General Manager – Investor CapitalM +61 419 868 088 email@example.com Contact Avi
Should you be interested in investing or would like any further information, please fill in your details so that we can be in touch.
We’ve successfully received your submission.
Noble Park VIC
GLA 9,411sqm on Land 23,811sqm
Purchased June 2013 • Sold February 2020
An industrial property located within the Noble Park industrial precinct, a major business hub in Melbourne’s south eastern suburbs, 27km from the Melbourne CBD.
The property was purchased on a sale lease back agreement from Arrium Limited (OneSteel Reinforcing).
Pre-acquisition, QE successfully negotiated a new 12 year lease with two option terms of 7 years for the entire property, with the long-standing occupant.
Notwithstanding the relatively passive nature of this investment we continually focueds on developing and maintaining a strong relationship with the tenant.
In 2016 the tenant agreed to extend the lease for a further 5 years with QE investing in an extension to the warehouse component of the facility.
Property was sold in February 2020.