THE ANZ Rabinov Property Trust settled on its purchase of Bridgestone Australia's distribution facility in Derrimut, Victoria.
The property is leased to Bridgestone on 12.5-year lease arrangement ending December 31 2018 with fixed annual rent increases for the full term of the lease.
The Building was constructed in 2003 with a new warehouse constructed in 2005 and extended in 2006) and totals approximately 14,021 sqm. The total site area is 29,860 sqm.
Australian Property Journal