86 Butler Way Keilor Park VIC 3042

RECEIVERS' AUCTION
Under instructions from McGrathNicol

The property comprises a modern concrete tile panel, office/warehouse premises, situated within the sought after industrial area Keilor Park.

The premises is ideal for an owner occupier, with the short term Lease expiring in June 2023 with no options. Alternatively, an investor could re-lease the property, with a long leasing lead time, in the current strong industrial leasing market.

The rental from 16 December 2022 is $76,490.85 per annum plus GST plus outgoings with strong reversionary rental upside.

Property attributes include:

Modern Office Warehouse
Building 770 sqm, with two storey office 140 sqm and high clearance warehouse of 630 sqm
Site area of 1,130 sqm with extensive frontage
Owner occupier opportunity from June 2023
Short term Lease until June 2023 no options
Rental from December 2022 $76,490.85 pa with strong reversionary rental upside
Sought after location
Part of the desirable industrial sector