Recent Property transactions in Epping Industria

While the current economic environment is currently tough, businesses still need to operate. Where leases are coming to an end, a business either needs to renew, or to move to larger or smaller premises. Also, where long leases are in still in place, Epping Property has been able to assist in restructuring of leases to lessen the financial burden of tenants.

Below are a few of the creative property transactions Epping Property has concluded during 2019.

86 Bofors Circle – Let

This 8,000m² site has been let to a national fuel company. Most notably, sites like this one do not come to the market too often.

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Unit 2, Trippessa Park – Sold

512m² unit sold to a food catering business. This sectional title unit is probably the best sectional title unit in the whole of the Epping area.

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Unit 48, Viking Business Place – Let

100m² unit let to a building maintenance company. Importantly, Viking Business Place is a sought-after business park where most of the businesses have been resident for a long time.

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Unit 1, Giant Park 3 – Let

This 2,600m² building is going to be raised by more than 2m and a new, modern roof installed. Upon completion, it will be tenanted by a national company. In addition, this site has a large yard area, thus making it ideal for a distribution type company.

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Unit 44, Gunners Factory Park – Let

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Unit 1, 98b Bofors Circle – Let

Let to a company specialising in artificial lawns and surfaces.

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29 Thor Circle – Let

760m² let to The Clothing Bank, after they had a tragic fire in their own building.

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44 Thor Circle – Let

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54 Bofors Circle – Let

The previous tenant was offered a downscaled option. Furthermore, a new tenant has rented the majority of the building. Most of all, this site has excellent visibility onto Bofors Circle.

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21 Benbow Ave – Unit E

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Seems like Epping Property has been busy this year!

Contact Epping Property for a confidential discussion on how we may help you with your property matters.