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Sold on 8 May 2019

2 Capella Crescent Moorabbin VIC 3189

  • Industrial / Warehouse
  • Floor Size495 m²
  • PriceSold

Commercial Corner Freehold Investment !

Ray White Commercial Oakleigh is delighted to offer for sale by way of public auction on Wednesday 8th May 2019, this exceptional stand-alone industrial property located on the corner of Capella Crescent and Trent Street right in the heart of Moorabbin's industrial precinct.

Leased to Orange Automotive Group Pty Ltd (trading as Bright Star Motors) in 2018 on a 5 + 5 year lease plus attractive 3% fixed annual increases, this corner freehold investment also boasts a total building area of 495m2 approx, dual roller door access and not to mention being located in one of the south-east's most highly sought after locations.

Inspection a must!

Tenancy Details:

• 5 + 5 Year Lease commenced February 2018
• Current Rental | $56,650 p/a net
• Security Bond | $15,125
• 3% Fixed Annual Increases

Property Details:

• Total land area | 605m2 approx
• Total building area | 495m2 approx
• Includes office area | 23m2 approx
• Rare corner building with dual roller door access
• Industrial 1 Zone (IN1Z)

Paul Rizzo - 0418 688 888
Theo Karkanis - 0431 391 035

AUCTION

Auction date and time08/05/2019 12:00
Auction location2 Capella Crescent, Moorabbin VIC

Property Highlights

Property ID2015114251
Date Sold8 May 2019
Floor Area495 m²
Land Area605 m²
ParkingAsk Agent
Category
Last updated  9 May 2019
Map for 2 Capella Crescent Moorabbin VIC 3189
Ray White Oakleigh Commercial
Level 1, 7-9 Atherton Road Oakleigh VIC 3166

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