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22 Joseph Street Blackburn VIC 3130

  • Industrial / Warehouse
  • Floor Size3,191 m²
  • PriceFor Sale, Contact Agent

INNER EASTERN INDUSTRIAL INVESTMENT WITH INTERNATIONAL TENANT

  • Leased to Bounce Australia Pty Ltd
  • Overlooking M3 Eastern Freeway
  • Returning $405,000 pa* net

CBRE is pleased to exclusively offer 22 Joseph Street Blackburn North for sale by Private Treaty.

The site consists of a 3,191sqm* office warehouse with 54 basement car spaces located within the niche Blackburn North industrial region abutting residential areas and within metres of the Eastern Freeway.

Location Highlights:
+ 130m* from Middle borough Road
+ 290m* from M3 Eastern Freeway
+ 3km* Westfield Doncaster
+ 3.5km* Box Hill
+ 17km* from CBD
+ Massive residential catchment and access to a highly skilled workforce

Property Highlights:
+ Gross Lettable area of 3,191sqm*
+ Retail and office area of 1,279sqm*
+ Warehouse area of 1,912sqm*
+ Industrial 3 Zone (IN3Z)

Investment Highlights:
+ Tenant: Bounce Australia Pty Ltd
+ Passing rental: $405,000 PA* (net) (as of 1st August 2019)
+ Term: 10 years
+ Options: Two (2) further options of ten (10) years
+ Commencement: 1st June 2013
+ Fixed annual increases of 3.5% PA

*Approx

Property Highlights

Property ID2015124396
Floor Area3,191 m²
Land Area2,817 m²
EnergyAsk Agent
ParkingAsk Agent
Building TypeWhole building
Annual ReturnAsk Agent
AvailabilityTenanted
Category
Last updated  27 May 2019
Map for 22 Joseph Street Blackburn VIC 3130
CBRE Mulgrave
Level 1 3 Nexus Court Mulgrave VIC 3170

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