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Sold on 20 Oct 2017

12 Kolora Road Heidelberg West VIC 3081

  • Industrial / Warehouse
  • 490 m²
  • Sold

AUCTION THURSDAY 19TH OCTOBER AT 1PM

Investment With Upside!

Situated in this very popular Industrial Estate, this well presented and versatile brick factory offers an income stream with potential to occupy or add value in the short-medium term.

- Building Area: 490 sq.metres (approx.)
- Land Area: 690 sq.metres (approx.)
- Zoned: Industrial 3
- Lease Details:
- Term: Two (2) year optioned exercised - commencing February 2018
- Current Rent: $29,685.00 per annum plus GST (Market Rent Review February 2018)
- Outgoings: Payable in full by tenant
- Rent Review: Annually to 4%
- Option: Nil

The property offers the opportunity to hold as a long-term investment with an existing long-term tenant or to occupy at the expiry of the current lease.

Terms: 10% Deposit. Balance 30/60/90 Days.

For further details or to arrange an inspection contact:
Paul Evans 0408 144 181
Jonathan Rizzo 0404 125 846

Miles Real Estate

AUCTION

Auction date and time19/10/2017 13:00
Auction locationAsk Agent

Property Highlights

Property ID2013853371
Date Sold20 Oct 2017
Floor Area490 m²
Land Area690 m²
ParkingAsk Agent
Category
Last updated  20 Oct 2017
Map for 12 Kolora Road Heidelberg West VIC 3081
Miles Real Estate
143 Upper Heidelberg Rd Ivanhoe VIC 3079

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