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49-51 Mologa Road
Heidelberg West VIC 3081
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Sold on 26 Sep 2019

49-51 Mologa Road Heidelberg West VIC 3081

  • Factory, Warehouse & Industrial
  • 610 m²
  • Sold, $1,420,000

Two Properties - One Solid Income Stream

Investors Take Note!

SOLD By Miles Real Estate. A unique opportunity to purchase a securely leased Industrial site to a long established local business with two titles, offering flexibility to add value in the long term.

- Three year lease plus options commencing 1 September 2019

- Rental - $70,000.00 per annum plus GST

- Tenant pays all usual outgoings

- Annual rent reviews to 3%

- 49 Mologa Road -Building Area: 430 sq. metres (approx)

- 59 Mologa Road -Building Area: 180 sq. metres (approx)

- Total Land Area: 1,378 sq. metres (approx)

- Zoned Industrial 1

An ideal acquisition for a passive investor with add-value potential in this very popular Industrial location.

Terms: 10% Deposit. Balance 30/60/90 Days

AUCTION

Auction date and time26/09/2019 15:00
Auction location49-51 Mologa Road, Heidelberg West VIC

Property Highlights

Date Sold26 Sep 2019
Sold Price$1,420,000
Floor Area610 m²
Land Area1,378 m²
ParkingAsk Agent
Property ID2015565687
Category
Last updated  26 Sep 2019
Map for 49-51 Mologa Road Heidelberg West VIC 3081

Property Highlights

Date Sold26 Sep 2019
Sold Price$1,420,000
Floor Area610 m²
Land Area1,378 m²
ParkingAsk Agent
Property ID2015565687
Category
Last updated  26 Sep 2019

Co-Agents

Paul Evans
Paul Evans
Miles Real Estate
Call
0408 144 181
Tim Mitchell
Tim Mitchell
Miles Real Estate
Call
0417 339 986

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