HIGH PERFORMANCE INVESTMENT
Description
Crabtrees are pleased to offer for sale by Auction this amazing opportunity to acquire a modern industrial investment in the heart of Springvale's industrial precinct.
Located just off Centre Road and between Westall and Springvale Roads, the central position provides easy access to Dandenong Road and M1 Freeway.
Tenancy Details:
+ Leased to long standing tenant OTR Sports (Tiffany Ho International Pty Ltd)
+ Leased until 30th November 2024 at a current rental of $61,752.60 per annum net* (rent increases to $64,500 per annum net* on 1st December 2019)
+ Annual CPI increases
+ Security deposit plus directors guarantees
Key features include:
+ Total building area: 660sq m*
+ High clearance warehouse
+ Offices at entry
+ Container height roller shutter door
+ Kitchenette/lunchroom area
+ Separate male/female amenities
+ Parking for up to 5 cars
+ Room for container drop off
** Open for Inspection every Thursday from 1:30pm
Auction - Thursday 23rd May 2019 at 1pm 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!
Located just off Centre Road and between Westall and Springvale Roads, the central position provides easy access to Dandenong Road and M1 Freeway.
Tenancy Details:
+ Leased to long standing tenant OTR Sports (Tiffany Ho International Pty Ltd)
+ Leased until 30th November 2024 at a current rental of $61,752.60 per annum net* (rent increases to $64,500 per annum net* on 1st December 2019)
+ Annual CPI increases
+ Security deposit plus directors guarantees
Key features include:
+ Total building area: 660sq m*
+ High clearance warehouse
+ Offices at entry
+ Container height roller shutter door
+ Kitchenette/lunchroom area
+ Separate male/female amenities
+ Parking for up to 5 cars
+ Room for container drop off
** Open for Inspection every Thursday from 1:30pm
Auction - Thursday 23rd May 2019 at 1pm 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!