SOLD WITH 1 INSPECTION!
Ideally located just of Lower Dandenong Road is this fantastic investment opportunity consisting of two side-by-side buildings on two separate titles, and a well established longstanding tenant of circa 15 years. If you are looking for an investment with a solid tenant, long lease, and attractive return -then you have found it!
Total Building Area: 1,774m2*
(Building #1 880m2* + Building #2 894m2*)
Tenant Background:
Bella Pastry Pty Ltd have been trading as a well established, longstanding, reliable tenant and have just again renewed their lease. Having spared no expense on a quality food manufacturing fit-out, this tenant plans on successfully trading from these premises for many, many years to come.
Lease Particulars:
Rental: $134,224.80pa plus GST and Outgoings
Term: 5 years
Commenced: 1st February 2012
Further Terms: 5 years
Bond: $20,823.00
Reviews: 4% annually (fixed for first two years)
Use: Manufacture of Pastry (food) Products
Call Blake Quilligan on 0432 929 073 to inspect today.
*approx.
