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Sold on 23 May 2019

5 Clive Street Springvale VIC 3171

  • Factory, Warehouse & Industrial
  • 660 m²
  • Sold

HIGH PERFORMANCE INVESTMENT

Crabtrees are pleased to offer for sale by Auction this amazing opportunity to acquire a modern industrial investment in the heart of Springvale's industrial precinct.

Located just off Centre Road and between Westall and Springvale Roads, the central position provides easy access to Dandenong Road and M1 Freeway.

Tenancy Details:
+ Leased to long standing tenant OTR Sports (Tiffany Ho International Pty Ltd)
+ Leased until 30th November 2024 at a current rental of $61,752.60 per annum net* (rent increases to $64,500 per annum net* on 1st December 2019)
+ Annual CPI increases
+ Security deposit plus directors guarantees

Key features include:
+ Total building area: 660sq m*
+ High clearance warehouse
+ Offices at entry
+ Container height roller shutter door
+ Kitchenette/lunchroom area
+ Separate male/female amenities
+ Parking for up to 5 cars
+ Room for container drop off

** Open for Inspection every Thursday from 1:30pm

Auction - Thursday 23rd May 2019 at 1pm on-site

Crabtrees Real Estate is built on history, reputation and expertise. We offer a level of knowledge others can't match.

Our team strategically located across the eastern and south eastern corridors of Melbourne are ready to handle your Commercial, Industrial and Retail Property needs today so call or email NOW!

AUCTION

Auction date and time23/05/2019 13:00
Auction location5 Clive Street, Springvale VIC

Property Highlights

Property ID2015206421
Date Sold23 May 2019
Floor Area660 m²
Land AreaAsk Agent
ParkingAsk Agent
Category
Last updated  23 May 2019
Map for 5 Clive Street Springvale VIC 3171
Map for 5 Clive Street Springvale VIC 31715 Clive Street Springvale VIC 3171
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    Valiant

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  • Purchase price

    $
    1,234,567

  • Deposit available

    $
    123,456

  • Loan term

    30
    years

  • Interest rate

    3.00
    %

repayments

$0/month*

Find out your loan options

Our partners at Valiant can help you find the best loan for your business. Request a call back to speak with one of their experts or compare available commercial loans.

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