If you are looking for an affordable investment, that will offer a great return, this is ideal for the first time investors, the seasoned investor adding to the existing portfolio, or perfect for your SMSF.
This modern style warehouse unit is set in a fantastic and secure industrial development overlooking Spring Valley golf course, with a great tenant AAA Plantation Shutters who has renewed its lease option early.
The property is part of a deceased estate and will be sold via Auction on Thursday 20th May at 2pm.
* Tenant: AAA Plantation Shutters * Lease term: 2 years + 2 years option * Lease commencement: 7th October 2019 * Tenant has exercised their option early * Current rental: $17,510 * Annual increases: 3% * Total building area: 122sqm* * Including warehouse/office: 82sqm* * Mezzanine: 40sqm* * 3 car parks on title * Disabled amenities
This terrific investment is located close to Westall Road offering easy access to major arterials, including Princes Highway, Dingley Bypass, Dandenong Bypass and the soon to be completed Mordialloc Freeway.
The property will be open for final inspection at:
Thursday 20 May at 1.30pm, prior to auction
For further information contact:
ANDREW PANNAM 0433 518 555
PLEASE NOTE:
* Images show property condition both vacant and tenanted.
* Inspections are carried out in accordance with strict Covid-19 Directions. For further details contact the Estate Agent.
* All information and measurements are approximates. All images subject to copyright. Unauthorised use is strictly prohibited.
Commercial Real Estate & Valiant have pulled some useful resources to help you on your journey. Kick things off with our commercial loan calculator to see estimated repayments.
Purchase price
$
1,234,567
Deposit available
$
123,456
Loan term
30
years
Interest rate
3.00
%
repayments
$0/month*
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