Crabtrees Real Estate are delighted to offer 82 Carroll Road, Oakleigh South for Private Sale.
Situated in the tightly held and sought after Oakleigh industrial precinct, this solid freehold factory/warehouse investment of 300 sqm* sits on its own title of 620 sqm*.
The property present a great opportunity for rental growth over the coming years, whilst the underlying land and building value offer substantial upside.
Key Features:
+ Total building area 300 sqm*
+ Total land area 620 sqm*
+ Three (3) phase power
+ Dual roller door access
+ Fantastic location just off Centre Road
Investment Features:
+ Leased to Cleeland Automotive Pty Ltd since 2000
+ Lease Commencement: 1st November 2021
+ Currently returning $29,909.44 per annum plus GST & Outgoings
+ Four (4) year lease with one further term of four (4) years
+ Annual increases of 3%
+ Security Deposit
Oakleigh continues to present as an A-grade location with notable neighbours being Stockland Business Park, Australia Post, The Links Shopping Centre which anchors Bunnings Warehouse, Chemist Warehouse and Woolworths.
Crabtrees Real Estate is built on history, reputation and expertise.
We offer a level of knowledge others can't match.
Our team strategically located across the eastern and south eastern corridors of Melbourne are ready to handle your Commercial, Industrial and Retail Property needs today so call or email NOW!
