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29/324 Settlement Road
Thomastown VIC 3074
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Sold on 18 May 2023

29/324 Settlement Road Thomastown VIC 3074

  • Factory, Warehouse & Industrial
  • 125 m²
  • Sold, $530,000

AN INVESTMENT THAT IS DRESSED TO IMPRESS

    CURRENTLY RETURNING $25,000 PER ANNUM NET
    NEW LEASE TO ESTABLISHED DRESS-HIRE TENANT
    WELL POSITIONED AND AFFORDABLE INVESTMENT

    Jellis Craig are pleased to offer for sale (via auction) this well positioned modern warehouse in one of Thomastown's boutique industrial complexes.

    Ideally located on Settlement Road and within meters of national retailers such as Beacon Lighting, Adriatic Furniture, JB Hi-Fi, United Tools, Repco, Supercheap Auto and Bunnings to name a few, and enjoying the convenience of being easily accessible to the Western Ring Road, Hume Highway and other major arterial roads, this property is a must have for any astute investors portfolio!

    Features:

    - Passing income of $25,000 pa net, with annual increase
    - Two (2) year lease from January 2023 with further options remaining
    - Total floor area: 125 sqm (approx.)
    - First floor office: 35 sqm (approx.)
    - Clear span and high-clearance warehouse
    - Motorised roller door
    - Office with heating / cooling
    - Kitchenette
    - Toilet and shower facilities
    - Onsite car parking
    - Suitable for variety of uses (STCA)

    Please contact the exclusive sales and marketing agents for further information Auction onsite Thursday, 18 May 2023 at 1pm (unless sold prior).

    Property Highlights

    Date Sold18 May 2023
    Sold Price$530,000
    Floor Area125 m²
    Land AreaAsk Agent
    ParkingAsk Agent
    Property ID2018488279
    Category
    Last updated  22 May 2023
    Map for 29/324 Settlement Road Thomastown VIC 3074

    Property Highlights

    Date Sold18 May 2023
    Sold Price$530,000
    Floor Area125 m²
    Land AreaAsk Agent
    ParkingAsk Agent
    Property ID2018488279
    Category
    Last updated  22 May 2023

    Co-Agents

    Joshua Franzi
    Jellis Craig Ivanhoe
    Call
    0428 253 430
    Kieran Whaley
    Jellis Craig Ivanhoe
    Call
    0410 587 072

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