SUPERB BUILDING, EXCELLENT INVESTMENT

1,580m² approx floor area
Sold $3,600,000

Rutherfords are pleased to offer this outstanding property, it makes property investment child's play!
Main road exposure with clever design. The property provides exposure for showroom use and rear street / roller door access for first class warehousing. The ultimate package in flexibility and efficiency.

Located in the heart of one of Australia's fastest growing industrial and residential growth corridors. Excellent access to all the major arterials, further enhanced by the recent railway overpass by the Deer Park station only 700m away.

Total Building Area: 1580m2

Tenant: Croc's Playcentres - size 1580m2Lease end: 17/8/2025 + 10 year optionRental: $183,497.18 + GST + Outgoings Guarantee: $54,706Rent Reviews: Fixed annual 3% increases (Due 18/8/23) with a market review at the commencement of further optionsAmple car parking
Call Anthony La Porta 0408 018 455 for more details.

Disclaimer:
The information contained in the material Rutherfords has supplied (the "information") is for general information purposes only. Rutherfords assume no responsibility for errors, representations, or omissions in the contents of the information.

In no event shall Rutherfords be liable for any special, direct, indirect, consequential, or incidental damages or any damages whatsoever, whether in an action of contract negligence or other torts, arising out of or in connection with the use of the Information or the contents of the information. Rutherfords reserves the right to make additions, deletions or modification to the contents of the information at any time without prior notice.


Location Map

23 / 21 Elgar Road Derrimut
Warehouse
Sold $3,600,000

Agents

Anthony La Porta
Anthony La Porta Industrial Specialist - Sales and Leasing
Drew Williams
Drew Williams Industrial Specialist - Director

Property Information

  • Floor area approx 1580sqm

This property was sold by

83 High St Thomastown VIC 3074
Anthony La Porta
Industrial Specialist - Sales and Leasing
Drew Williams
Industrial Specialist - Director
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