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.