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Sold on 4 Jun 2021

6 Sigma Drive Croydon South VIC 3136

  • Offices
  • 813 m²
  • Sold

SECURELY LEASED INDUSTRIAL INVESTMENT IN A BLUE-CHIP EASTERN LOCATION

    Jones Real Estate is pleased to present for your consideration, a modern, securely leased and high-quality industrial premises located at 6 Sigma Drive, Croydon South.

    For Sale Via Public Auction Wednesday 23rd June 2021 at 2pm.

    Auction to be held at Clubhouse Malvern
    1290-1292 Malvern Rd, Malvern VIC 3144

    The property itself is positioned in the highly revered Merrindale Industrial Estate in Melbourne's tightly held Eastern Industrial Precinct. 6 Sigma Drive is serviced by a number of major arterial road networks such as Dorset Road, Canterbury Road, Mount Dandenong Road and Eastlink, offering unrivalled accessibility to surrounding suburbs and Melbourne's CBD.

    The property is securely leased to two (2) tenants on the following basis;

    - Secure long term initial lease with optional terms

    - A current combined passing rental of $112,179 per annum plus GST & Outgoings*

    - 4% fixed annual increases

    Further information on the lease agreements in place are available on request.

    Key features of the property and improvements include;

    - Modern, high-quality full tilt precast concrete office warehouse, comprising of a total net saleable area of 813sqm*

    - Warehouse component consisting of 713sqm* with 8 meters* of internal clearance

    - Property features a fully fitted and airconditioned office of 100sqm* in addition to a significant enclosed mezzanine storage area accommodating toilets, lunchroom and event / consultancy space

    - The property is accessible via a container height motorised roller shutter door

    - Ample onsite carparking for up to 10 cars

    - Industrial 1 Zoning (IN1Z)

    - Situated in one of the east's premier commercial and industrial districts the Merrindale Estate

    - Access to major arterial roadways such as Dorset Road, Canterbury Road, Mount Dandenong Road and the Eastlink

    A copy of the Information Memorandum & Due Diligence Package are available upon request.

    For further information or to arrange an inspection, please contact Jones Real Estate's appointed agents.

    *approx.

    AUCTION

    Auction date and time23/06/2021 14:00
    Auction locationClubhouse Malvern
    Paul Jones
    Jones Real Estate
    Paul Jones
    Jones Real Estate
    Sam Guest
    Jones Real Estate
    Sam Guest
    Jones Real Estate
    TIm Spargo
    Jones Real Estate
    TIm Spargo
    Jones Real Estate
    Luke Peric
    Jones Real Estate
    Luke Peric
    Jones Real Estate

    Property Highlights

    Property ID2017007270
    Date Sold4 Jun 2021
    Floor Area813 m²
    Land Area1,003 m²
    ParkingAsk Agent
    Category
    Last updated  5 Jun 2021
    Map for 6 Sigma Drive Croydon South VIC 3136
    Map for 6 Sigma Drive Croydon South VIC 31366 Sigma Drive Croydon South VIC 3136
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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

    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.

    Paul Jones
    Jones Real Estate
    Paul Jones
    Jones Real Estate
    Sam Guest
    Jones Real Estate
    Sam Guest
    Jones Real Estate
    TIm Spargo
    Jones Real Estate
    TIm Spargo
    Jones Real Estate
    Luke Peric
    Jones Real Estate
    Luke Peric
    Jones Real Estate

    Property Highlights

    Property ID2017007270
    Date Sold4 Jun 2021
    Floor Area813 m²
    Land Area1,003 m²
    ParkingAsk Agent
    Category
    Last updated  5 Jun 2021
    Jones Real Estate
    Level 2, 90 William St Melbourne VIC 3000
    Paul Jones
    Jones Real Estate
    Paul Jones
    Jones Real Estate
    Sam Guest
    Jones Real Estate
    Sam Guest
    Jones Real Estate
    TIm Spargo
    Jones Real Estate
    TIm Spargo
    Jones Real Estate
    Luke Peric
    Jones Real Estate
    Luke Peric
    Jones Real Estate

    Ask Paul Jones about this property

    Paul Jones

    Paul Jones

    Jones Real Estate

    Sam Guest

    Sam Guest

    Jones Real Estate

    TIm Spargo

    TIm Spargo

    Jones Real Estate

    Luke Peric

    Luke Peric

    Jones Real Estate

    0488 *** ***
    0488 779 749

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