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102/22-30 Wallace Avenue
Point Cook VIC 3030
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Sold on 31 May 2021

102/22-30 Wallace Avenue Point Cook VIC 3030

  • Showrooms / Bulky Goods
  • 180 m²
  • Sold

INVEST WELL IN THE WEST - Under Offer

    POINT OF INTEREST:

    Private Sale closing Thursday 27th May 2021. All offers due by 3pm unless sold prior.

    Within a prominent pocket of Point Cook, is this opportunity to buy an investment with a company that is flowing in more ways than one. Tenant Western Wellness are six years into a 10-year lease, with the option of two further terms of five years.

    This 180 sqm* space is located on the corner and includes seven on-site car spaces plus heating and cooling. With exposure to the Princes Freeway and the Williams Landing railway station, there are thousands of commuters passing daily. Strata titled, with a host of well-established retailers on the block, including cafes and restaurants for staff, this yoga studio is sure to create a strong position for you moving forward in the years to come.

    - Total building area of 180 sqm*.
    - Established tenant "Western Wellness Yoga"
    - Leased until 2025 with two further terms of five years.
    - Investment returning $49,196.52 p.a. with annual CPI increases.
    - Ground floor showroom/office space.
    - Seven on-site car spaces.
    - 190 m* to Williams Landing railway station.
    - Adjacent to the Princes Freeway.

    POINT OF VIEW:

    A short stretch west on the currently developing West Gate Tunnel Project, or a longer one here, if you can hold it.

    *Approx.
    Pricing excludes GST

    Property Highlights

    Date Sold31 May 2021
    Floor Area180 m²
    Land AreaAsk Agent
    ParkingAsk Agent
    Property ID2016958678
    Category
    Last updated  3 Jun 2021
    Map for 102/22-30 Wallace Avenue Point Cook VIC 3030

    Property Highlights

    Date Sold31 May 2021
    Floor Area180 m²
    Land AreaAsk Agent
    ParkingAsk Agent
    Property ID2016958678
    Category
    Last updated  3 Jun 2021

    Co-Agents

    Matthew Alderman
    Matthew Alderman
    CVA Property Consultants Pty Ltd
    Call
    0433 299 548
    Tom Lund
    Tom Lund
    CVA Property Consultants Pty Ltd
    Call
    0419 770 340

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