Unit 4 / 352 Old Geelong Road, HOPPERS CROSSING VIC 3029
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- Showrooms / Bulky Goods
- Floor area:
- 15 x Onsite parking
- Return (PA):
- Land area:
- Energy Efficiency Rating:
- NABERS energy rating
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- 12 Oct 2016
Rare Investment Opportunity on the Golden Mile
-Currently let to the largest hobby store in Melbourne's West, Rems RC.
-Tenant established since 2007.
-5 year x 5 year x 5 year x 5 year lease which commenced on the 22nd of February 2016
-Passing income of $131,600 (Including outgoings, $9,600* P.A) plus GST
-2.5 % fixed annual increases
-Substantial security deposit and personal guarantor
-1,007 m2 of showroom over two levels
-Recent building renovations including state of the art showroom lighting throughout, split systems throughout and much more
-15 designated car spaces
-Large signage opportunities
-Ample amenities throughout
Within the Western region's most sought after bulky goods precinct, the property represents a quality investment that will see substantial capital gains in the coming years.
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
Unit 4 / 352 Old Geelong Road...