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5-7 Fitzgerald Place Portland VIC 3305

  • Factory, Warehouse & Industrial
  • 3,984 m²
  • For Sale, $820,000 Plus GST (if any)

3 Secure Tenants 8.4% Return

    With 3 secure tenants yielding approx. 8.4% return, must make this industrial site very appealing.
    The property is well located just off the ring road to the port, in an industrial zoned area.

    The incomes are approximately:
    Axicom phone tower lease to 2046 at $ 15,000
    Bayside Industrial Coatings lease to 2025 at $ 41,000
    RJ & JM Kerr, Car Restorations lease to 2021 at $ 13,000

    TOTAL $69,000 p.a.

    All tenants have long lease options with annual rental increases.

    Darren Groves
    Groves Real Estate
    Darren Groves
    Groves Real Estate

    Property Highlights

    Property ID2016339277
    Floor Area3,984 m²
    Land AreaAsk Agent
    ParkingAsk Agent
    Annual ReturnAsk Agent
    AvailabilityAsk Agent
    Category
    Last updated  11 Dec 2020
    Map for 5-7 Fitzgerald Place Portland VIC 3305
    Map for 5-7 Fitzgerald Place Portland VIC 33055-7 Fitzgerald Place Portland VIC 3305
    Darren Groves
    Groves Real Estate
    Darren Groves
    Groves Real Estate

    Property Highlights

    Property ID2016339277
    Floor Area3,984 m²
    Land AreaAsk Agent
    ParkingAsk Agent
    Annual ReturnAsk Agent
    AvailabilityAsk Agent
    Category
    Last updated  11 Dec 2020
    Groves Real Estate
    175 Gray Street Hamilton VIC 3300
    Darren Groves
    Groves Real Estate
    Darren Groves
    Groves Real Estate
    Darren Groves

    Darren Groves

    Groves Real Estate

    0419 *** ***
    0419 735 228

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