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87-89 Main Road
Clayton VIC 3168
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Sold on 25 Oct 2019

87-89 Main Road Clayton VIC 3168

  • Factory, Warehouse & Industrial
  • 800 m²
  • Sold

Dual Income Investment

Located close to Westall Road and Princes Highway, with easy access to the Monash Freeway, this is a rare opportunity to secure a freehold investment with two separate tenancies on a generous land holding. Placing you in the power position, you'll have the choice of holding as an investment, occupying in the future or developing to add value (STCA).

Tenancy 1 details include:

* Tenant trading as: Hua Xia Cooking Equipment
* Term: 3 + 3 year lease term from August 2018
* Rental: $31,200 p.a. + GST & outgoings
* 4% annual increases

Tenancy 2 details include:

* Tenant trading as: Apple Auto Care (Vehicle Repairs)
* Term: 2 year lease from September 2019 (tenant since 2012)
* Rental: $29,412 p.a. + GST & outgoings

Key property features include:

* Total building area: 800sqm* (400sqm* each)
* Total land area: 1,260sqm*
* Commanding main road frontage: 30m*
* Clearspan warehouse: Internal roof height of 4.3m* maximum
* Two separate roller doors, one for each tenant: 3.3m* wide x 3.2m* high
* Front hardstand area: 80sqm* - provides further opportunity to utilise as extra workspace or car parking

For further information or to arrange an inspection, please contact:

Darryl Lever 0423 044 805

NB: All areas and measurements are approximate. All images/renders subject to copyright.

*Denotes Approx.

Property Highlights

Date Sold25 Oct 2019
Floor Area800 m²
Land Area1,260 m²
ParkingAsk Agent
Property ID2015682864
Category
Last updated  25 Oct 2019
Map for 87-89 Main Road Clayton VIC 3168

Property Highlights

Date Sold25 Oct 2019
Floor Area800 m²
Land Area1,260 m²
ParkingAsk Agent
Property ID2015682864
Category
Last updated  25 Oct 2019

Listed by

Nichols Crowder Property Moorabbin
Call
03 9559 3888

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