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859-865 Point Nepean Road
Rosebud VIC 3939
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Sold on 6 Oct 2012

859-865 Point Nepean Road Rosebud VIC 3939

  • Factory, Warehouse & Industrial
  • 1,512 m²
  • Sold

PRICE REDUCED! - A Grade tenant - Long lease until 2019 - Circa 8% yield

Knight Frank takes great pleasure offering for sale this prime investment property.

Features include -
•Circa 8.5% yield
•10 year lease (expires September 2019) plus options
•$292,464.64 NET rental + 4% fixed annual increases
•Strong tenant with 15 stores in Victoria
•Constructed in 2009 with full depreciation benefits
•Quality location with three street frontages
•Future upside potential

Please call Dane Nichols on 0413 965 364 if you would like an information memorandum or to arrange an inspection

Property Highlights

Date Sold6 Oct 2012
Floor AreaAsk Agent
Land Area1,512 m²
ParkingAsk Agent
Property ID2009918570
Category
Last updated  5 Oct 2012
Map for 859-865 Point Nepean Road Rosebud VIC 3939

Property Highlights

Date Sold6 Oct 2012
Floor AreaAsk Agent
Land Area1,512 m²
ParkingAsk Agent
Property ID2009918570
Category
Last updated  5 Oct 2012

Listed by

Knight Frank - Melbourne
Call
0396025722

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