POINT OF INTEREST:
With it's prestigious Rooks Road location, this well-placed warehouse/showroom is the perfect acquisition for the astute investor. Currently leased to an established tenant, the property offers the opportunity to take advantage of immediate rental income now with the flexibility to occupy in the future or continue to capitalise on the area's strong leasing demand. Key features include a high clearance clear-span warehouse, motorised container height roller door access, light-filled showroom/office, prominent exposure and signage display to Rooks Road plus kitchenette and staff amenity.
INVESTMENT DETAILS:
- $74,263 per annum +gst and outgoings
- 5 year lease with 2 x 5 year further options
- Commencement date: 1st September 2017
- Leased to Win Way Group T/A Nunawading Car Sales
- 3% annual increases + market review at option
- $39,654.96 cash security bond
PROPERTY DETAILS:
- 560 sqm* total building area
- Incl. 400 sqm* warehouse
- Incl. 160 sqm* showroom/office
- 19m* frontage to Rooks Road
- 8 on-site car spaces & rear access
- 230m* to Whitehorse Road's "Mega Mile"
- Nunawading & Mitcham Train Stations within 1km
- 50m* to bus stop
- 3km* to Eastlink
POINT OF VIEW:
An enviable investment opportunity in the heart of one of the east's most sought-after industrial and commercial precincts.
*Approx.
Pricing excludes GST