For Sale, Expressions of Interest closing 28th April 4.00pm
Large Bayswater Land Holding!
Short-term Rental Income
Low Site Coverage
JLL is excited to present to the market this substantial industrial land holding, utilising the existing site or unlocking the significant development potential. For sale via Expressions of Interest campaign closing Wednesday 28th of April at 4.00pm (AEST).
888-890 Mountain Highway features the following: - Low site coverage: 12.6%* - Total site area of 11,107sqm* - 1,400sqm* of building area - Multiple points of ingress/egress - Dual street access - 3 year lease (05/2021-04/2024) - Rental income of $238,545 p.a exc GST - Mountain Hwy street frontage
Located off major arterial road; Mountain Highway. The property represents a unique opportunity for occupiers and developers alike and is surrounded by well know national and international occupiers including Siemens, Merck, Mitre 10, Duratray and Rockwell.
Map for 888 - 890 Mountain Highway Bayswater VIC 3153
Map for 888 - 890 Mountain Highway Bayswater VIC 3153
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Purchase price
$
1,234,567
Deposit available
$
123,456
Loan term
30
years
Interest rate
3.00
%
repayments
$0/month*
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