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40 Barry Street
Bayswater VIC 3153
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Sold on 17 Jan 2024

40 Barry Street Bayswater VIC 3153

  • Factory, Warehouse & Industrial
  • 636 m²
  • Sold

6% RETURN - TENANTED INVESTMENT WITH QUALITY ASX LISTED TENANT

    Appleby Commercial is pleased to offer 40 Barry Street, Bayswater to the market for sale.

    The land area is 1257 square metres and there are 4 warehouse buildings with a total area of 636 square metres. There will be a new 3 year lease at a starting rental of $81,000 net per annum, with one option of 2 years. Rent will be increased annually by 3.0% with a market review at the end of each term.

    This is an exciting opportunity for investors to consider.

    PROPERTY FEATURES:

    Land Area - 1257 Square Metres
    Building Area - 636 Square Metres
    Multiple Roller Shutter Doors
    On-Site Car Parking
    Air Conditioned Office Areas
    Industrial 1 Zone
    Good Truck Access
    Secure 3 Year Lease With one option of 2 years
    Quality ASX Listed Tenant
    $81,000 Net Per Annum Starting Rental

    For more information or to organise an inspection, please contact Appleby Commercial on (03) 8727 9555.

    Property Highlights

    Date Sold17 Jan 2024
    Floor Area636 m²
    Land Area1,257 m²
    ParkingAsk Agent
    Property ID2018557081
    Category
    Last updated  22 Jan 2024
    Map for 40 Barry Street Bayswater VIC 3153

    Property Highlights

    Date Sold17 Jan 2024
    Floor Area636 m²
    Land Area1,257 m²
    ParkingAsk Agent
    Property ID2018557081
    Category
    Last updated  22 Jan 2024
    20 Station Street Bayswater VIC 3153

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