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35 Phoenix Street
Warragul VIC 3820
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Sold on 24 Mar 2021

35 Phoenix Street Warragul VIC 3820

  • Factory, Warehouse & Industrial
  • 1,350 m²
  • Sold, $1,525,000

Rare Industrial Investment, 6% + Net Yield, Security Of Tenure

    - 5 year lease commenced, 1st May 2019 with 2x5 year options.
    - Current rent $97,500*pa, 3% fixed annual increases.
    - Tenant pays 100% of all building outgoings.
    - 2730m2*, Industrial 1 zoned site with 50m frontage to Phoenix Street, hard stand yard and car parking.
    - Total building area 1350m2* includes mezzanine, 3 phase power, high clearance roller doors, 2x overhead cranes, retail area and amenities.
    - Rare opportunity to purchase a securely leased investment in a tightly held industrial precinct.

    (*approx.)

    Property Highlights

    Date Sold24 Mar 2021
    Sold Price$1,525,000
    Floor Area1,350 m²
    Land Area2,730 m²
    ParkingAsk Agent
    Property ID2019180514
    Category
    Last updated  15 Apr 2024
    Map for 35 Phoenix Street Warragul VIC 3820

    Property Highlights

    Date Sold24 Mar 2021
    Sold Price$1,525,000
    Floor Area1,350 m²
    Land Area2,730 m²
    ParkingAsk Agent
    Property ID2019180514
    Category
    Last updated  15 Apr 2024
    Ground Floor, 62 Church Street Traralgon VIC 3844

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