Colliers are pleased to offer Unit 1 at 19 Technology Circuit, Hallam to the market for sale via Private Sale. The property has absolute street frontage and shares a cross over with only one other unit, allowing for ease of vehicle movement and loading capabilities.
The property is leased to AGI Importing Pty Ltd trading as Red Fox Machinery with a passing Net Rent of $31,800 + GST + Outgoings and lease term of two years commencing 18/12/2022 with no further options. The lease terms provide an astute investor the opportunity to purchase a securely tenanted warehouse with the ability to capitalise on the industrial market's strong rental growth within two years or for an owner occupier, the chance to occupy the warehouse once the lease expires.
Key Property Highlights:
- Total Building Area 293m²*
- Well presented first floor office
- High clearance warehousing
- Direct access to Technology Circuit
- Undercover carparking
- Securely let for Net Rent $31,800 p.a on a two year term.
- Flexible for investors or owner occupiers
- Industrial 1 Zone
The property is situated with easy access to major arterials such as the Princes Highway, Hallam South Road and the Monash Freeway (M1).
To obtain further information or arrange an inspection please contact the exclusive Colliers sales agents.
*Approximate