85 Melville Road, BRUNSWICK WEST VIC 3055
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- Industrial / Warehouse, Development / Land, Retail
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- 6 Sep 2016
Investment Property with future upside
85 Melville Road is a superb opportunity for savvy investors to capitalise on a steady income stream from the current established tenant who has just resigned for a further 5 year term as at July 2016. Perfectly positioned within the Residential Growth Zone, this property also provides excellent future development potential in this ideal location within Brunswick, with tram access out the front and easy access to Citylink.
Currently used as Factory/warehousing with small office, the property features the following attributes:
- Building Area 185 sqm (approx)
- Site Area 280 sqm (approx)
- New 5 year lease at $25,447 pa net + Outgoings
- Annual increases of 3.5% pa
- Approximately 4 Carspaces at the front
For more information, please contact the above agent.
1 Bligh street, SydneyGrade A
Building AmenitiesAvg. rent (net):$800 - $1000Avg. outgoings:$162Vacancy rate:13.5%Data from Colliers Edge.For information click hereMajor TenantsNabers energyAdditional information
85 Melville Road BRUNSWICK WEST