7/22-30 Wallace Avenue Point Cook VIC 3030
- Factory, Warehouse & Industrial
- 435 m²
- For Sale, $1,520,000 (excl. GST)
Rare Investment In A High Growth Location!
A fantastic investment opportunity within the tightly held Wyndham Gate Commercial Centre.
Current improvements comprise a ground floor showroom with rear roller door access, fully fitted mezzanine office featuring open plan and partitioned spaces and generous boardroom. The property is further supported by long standing tenant in Bradnam's Windows, who have been in occupation since 2012 and currently return $72,948.96 per annum net and operate throughout various national and international locations.
The property boasts convenient access to Palmers Road, Princes Freeway and associated western arterials and is in walking distance to Williams Landing Train Station.
Key investment features:
- Tenant: Bradnam's Windows & Doors Pty Ltd
- Rental: $72,948.96 per annum net plus GST and outgoings
- Commencement: 15th August 2018
- Term: Three (3) Years
- Reviews: Annual CPI
- Option to renew fresh 3 year lease with sitting tenant
Key property features;
- Tenant in occupation since 2012
- Situated in a high population growth area of Melbourne
- Total building area 435m2*
- Ground floor showroom with rear roller door access
- Completely fitted out mezzanine office area
- Surrounding local businesses include Simonds Homes, Wyn-City Bowling & Phoenix Hotel
For further information or to arrange an inspection, please contact CVA Property Consultants.
Pricing excludes GST
|Floor Area||435 m²|
|Land Area||Ask Agent|
|Annual Return||Ask Agent|
|Last updated||15 Sep 2020|
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