LONG TERM SECURE INVESTMENT IN GROWTH CORRIDOR!

1,530m² approx land area
1,100m² approx floor area
Sold $1,140,000

This well presented office/warehouse with overhead crane is securely leased to a long term tenant and in an excellent location.

Tenant: Industrial Safety Fencing
Rental: $77,000 PA + GST
Outgoings: Paid by Tenant
Term: 6 years
Lease commencement: On settlement
Options: Two further Terms of 5 years
Security: 6 Months Bank Guarantee
Increases: CPI annually

Building Area: 1,100 sqm

Features:
High clearspan warehouse5 tonne crane Container height roller doorAmple modern office spaceSecure yard with ample parking As New condition
Contact Drew Williams 0408 013 968 today for more info or to inspect this property.


Location Map

1/25 Encore Avenue Somerton
Warehouse
Sold $1,140,000

Agents

Drew Williams
Drew Williams Industrial Specialist - Director

Property Information

  • Land area approx 1530.00sqm
  • Floor area approx 1100sqm

This property was sold by

83 High St Thomastown VIC 3074
Drew Williams
Industrial Specialist - Director
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