Freehold Investment Opportunity
Description
Crabtrees are pleased to offer for sale by auction this exceptional opportunity to secure a quality standalone industrial investment.
Features:
+ Freehold title
+ Secure lease to a long term established tenant
+ Total building area of 600sqm*
+ Total land area of 860sqm*
+ Outstanding location in a highly sought after Springvale location
Tenancy Details:
+ Renewed 5 + 5 year lease from 16th November 2017
+ Annual CPI increases plus market review November 2022
+ Rent: $39,567.72 per annum plus GST & Outgoings
Ideally located just off Osborne Avenue and Westall Road near the thriving Springvale Retail Hub. From this location there is easy access to the Monash M1 Freeway and Dingley Bypass. It is also extremely close to Westall and Clayton Train Stations, Clayton Shopping Centre, Springvale Home Maker Centre and the now under construction M-CITY.
AUCTION WEDNESDAY 29TH MAY AT 1:00pm ON SITE
Crabtrees Real Estate is built on history, reputation and expertise.
We offer a level of knowledge others can't match.
Our team strategically located across the eastern and south eastern corridors of Melbourne are ready to handle your Commercial, Industrial and Retail Property needs today so call or email NOW!
Features:
+ Freehold title
+ Secure lease to a long term established tenant
+ Total building area of 600sqm*
+ Total land area of 860sqm*
+ Outstanding location in a highly sought after Springvale location
Tenancy Details:
+ Renewed 5 + 5 year lease from 16th November 2017
+ Annual CPI increases plus market review November 2022
+ Rent: $39,567.72 per annum plus GST & Outgoings
Ideally located just off Osborne Avenue and Westall Road near the thriving Springvale Retail Hub. From this location there is easy access to the Monash M1 Freeway and Dingley Bypass. It is also extremely close to Westall and Clayton Train Stations, Clayton Shopping Centre, Springvale Home Maker Centre and the now under construction M-CITY.
AUCTION WEDNESDAY 29TH MAY AT 1:00pm ON SITE
Crabtrees Real Estate is built on history, reputation and expertise.
We offer a level of knowledge others can't match.
Our team strategically located across the eastern and south eastern corridors of Melbourne are ready to handle your Commercial, Industrial and Retail Property needs today so call or email NOW!