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48/140-148 Chesterville Road Cheltenham VIC 3192

  • Factory, Warehouse & Industrial
  • 249 m²
  • Commercial Auction

CHELTENHAMS BEST VALUE COMPLEX!

    EXECUTORS AUCTION

    Richardson French is pleased to offer this fantastic opportunity at 48/140-148 Chesterville Road, Moorabbin by way of auction on Wednesday 26th May at 12pm onsite.

    Located right in the heart of Moorabbin/Cheltenham's Industrial Precinct, this office/warehouse is in a prime location in one of the best complexes in this area constructed by the renowned Pellicano Group.

    This property is close to the major arterials including Warrigal Road, South Road and South Road Extension and Nepean Highway and will shortly be enhanced by the completion of the Peninsula Freeway Extension that joins up to the South Road Extension and in close proximity to Southland Shopping Centre.

    This property is leased to a prominent school wear tenant that has been in the industry over 30 years and supplies most of the well known schools and sporting affiliations.

    Inspection is a must and we can guarantee that you won't see a much cleaner property than this one.

    Property Features:
    + Container height motorised roller door
    + Double storey office
    + Air conditioned offices
    + 7m Warehouse height
    + Four (4) on-title car parks
    + Sealed warehouse floor
    + Kitchen and bathroom facilities

    Investment Details:
    + Leased on a 2x2 lease expiring 30/6/2022 with a further 2 year option
    + $30,000 net rental income per annum
    + 3% annual rental increase
    + Clean use tenant
    + Tenant has long successful trading history

    Contact the listed agents to organise your inspection.

    Documentation available upon request.

    Jeffrey Richardson 0418 321 101
    Aidan Boyd 0478 770 903
    Kyle McDonagh 0422 855 229

    Auction date and time26/05/2021 12:00
    Auction location48/140-148 Chesterville Road, Cheltenham VIC
    Jeffrey Richardson
    Richardson French
    Jeffrey Richardson
    Richardson French
    Aidan Boyd
    Richardson French
    Aidan Boyd
    Richardson French
    Kyle McDonagh
    Richardson French
    Kyle McDonagh
    Richardson French

    Property Highlights

    Property ID2016949373
    Floor Area249 m²
    Land AreaAsk Agent
    ParkingAsk Agent
    Annual ReturnAsk Agent
    AvailabilityAsk Agent
    Category
    Last updated  27 Apr 2021
    Map for 48/140-148 Chesterville Road Cheltenham VIC 3192
    Map for 48/140-148 Chesterville Road Cheltenham VIC 319248/140-148 Chesterville Road Cheltenham VIC 3192
    Jeffrey Richardson
    Richardson French
    Jeffrey Richardson
    Richardson French
    Aidan Boyd
    Richardson French
    Aidan Boyd
    Richardson French
    Kyle McDonagh
    Richardson French
    Kyle McDonagh
    Richardson French

    Property Highlights

    Property ID2016949373
    Floor Area249 m²
    Land AreaAsk Agent
    ParkingAsk Agent
    Annual ReturnAsk Agent
    AvailabilityAsk Agent
    Category
    Last updated  27 Apr 2021
    Richardson French
    Level 1, 29 Princes Highway Dandenong VIC 3175
    Jeffrey Richardson
    Richardson French
    Jeffrey Richardson
    Richardson French
    Aidan Boyd
    Richardson French
    Aidan Boyd
    Richardson French
    Kyle McDonagh
    Richardson French
    Kyle McDonagh
    Richardson French
    Jeffrey Richardson

    Jeffrey Richardson

    Richardson French

    Aidan Boyd

    Aidan Boyd

    Richardson French

    Kyle McDonagh

    Kyle McDonagh

    Richardson French

    0418 *** ***
    0418 328 101

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