TWO IMPRESSIVE SHOWROOM INVESTMENTS

1,580m² approx floor area
Sold $5,700,000

These main road properties with long lease's to excellent tenants are the perfect investment!

Located in the heart of one of Australia's fastest growing industrial and residential growth corridors.

Total Building Area: 3202sqm with ample car parking

Units 1 & 2 (Lot 21):
Tenant: Flip Out Trampoline ArenaTerm: 5 YearsPassing Rental: $230,306.23 (Net)Rent Reviews: CPI Annually with a market review at the commencement of further options
Units 3 & 4 (Lot 23):
Tenant: Croc's Playcentres Pty LtdTerm: 10 YearsPassing Rental: $162,280pa (Net)Rent Reviews: Fixed annual 3% increases with a market review at the commencement of further options
Contact Drew Williams 0408 013 968 Today!

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Location Map

23 / 21 Elgar Road Derrimut
Warehouse
Sold $5,700,000

Agents

Drew Williams
Drew Williams Industrial Specialist - Director

Property Information

  • Floor area approx 1580sqm

This property was sold by

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