19-23 Hereford Road Mount Evelyn VIC 3796

Showrooms / Bulky Goods
3,828 m²
Sold

LARGE MULTI-FUNCTIONAL INVESTMENT

Appleby Real Estate is delighted to offer this outstanding multi-functional investment for sale. The property which includes an exceptional open clearspan warehouse is utilised as a sporting recreation centre and is located just minutes from the Mount Evelyn town centre. The site makes an excellent investment and has long term development potential (STCA).

The site includes three tenants and has a combined rental of $146,442 per annum plus GST.

KEY FEATURES:
+ Building size: 3,827.5 square metres
+ Land Size: 4,891 square metres
+ Clear span warehouse facility
+ Large spectator mezzanine viewing gallery
+ Self-contained residential unit

LEASE DETAILS:
Tenant: Yarra Valley Sporting Company Pty Ltd
Rent: $105,000 per annum plus GST plus outgoings
Lease commencement: 1st April 2021
Lease term: 3 years
Lease option: 1 further option of 3 years
Increases: Fixed annual increases

Tenant: Form & Practice Mt Evelyn Pty Ltd
Rent: $21,630 per annum plus GST
Lease commencement: 1st June 2021
Lease term: 2 years & 10 months
Lease option: 1 further option of 3 years
Increases: Fixed annual increases

Residential Tenant
Rent: $19,812
Lease commencement: 21st May 2021

Appleby Real Estate

20 Station Street

Bayswater, VIC 3153

Property Highlights

Date Sold	19 May 2022
Floor Area	3,828 m²
Land Area	4,891 m²
Parking	Ask Agent
Property ID	2017452624
Category	Showrooms / Bulky Goods Factory, Warehouse & Industrial
Last updated	31 May 2022

Map for 19-23 Hereford Road Mount Evelyn VIC 3796

Nearest transport* to 19-23 Hereford Road Mount Evelyn VIC 3796

Bus

Dawn Ct/Hereford Rd (Mount Evelyn)	146 m
Gardner Pde/Hereford Rd (Mount Evelyn)	148 m
Birmingham Rd/Hereford Rd (Mount Evelyn)	206 m
Birmingham Rd/Hereford Rd (Mount Evelyn)	266 m

*Within a 4km radius

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Appleby Real Estate

20 Station Street

Bayswater, VIC 3153

Property Highlights

Date Sold	19 May 2022
Floor Area	3,828 m²
Land Area	4,891 m²
Parking	Ask Agent
Property ID	2017452624
Category	Showrooms / Bulky Goods Factory, Warehouse & Industrial
Last updated	31 May 2022

Co-Agents

Andrew Hill

Appleby Real Estate

Call

0421 904 271

Nick Draffin

Appleby Real Estate

Call

0407 058 223

More about 19-23 Hereford Road Mount Evelyn VIC 3796

19-23 Hereford Road Mount Evelyn VIC 3796 is categorized as Showroom & Bulky Goods Property. It has a floor area of 3,828 m² and a land area of 4,891 m². The listing ID for this property is 2017452624.