Solid Investment at Your Disposal (Under Offer)

For Sale - 55 Killara Road, Campbellfield, VIC 3061

Investment (Industrial), Industrial

Overview

Property ID: 16156
Price: $850,000 (ex. GST)
Rent: $50,400 (ex. GST)
Building: 700m²
Land: 1169m²
Zoning: Industrial 1 Zone

Description

This established warehouse represents a solid opportunity for investors to get into the industrial market in a great location. Killara Road allows great access to major arterial roads such as the Western / Metropolitan Ring Road, Tullamarine Freeway and Hume Freeway.

Investment Summary:
Annual Rental: $50,400 p.a. plus GST & outgoings
Commencement Date: 21st March 2020
Term of lease: Three (3) years plus two further terms of three (3) years
Business in occupation since 2005.

The Tenant:
The Bin Guy has been providing bin maintenance services throughout the Melbourne metropolitan area for over 13 years with over 1.7 million bins supplied.

Property Summary;
- Total building area: 700m2*
- Land area: 1,169m2*
- Industrial 1 Zone (IN1Z)
- Kitchenette
- Male and female amenities with shower

For further information or to arrange an inspection please contact CVA Property Consultants.

*Approx.
Pricing excludes GST

Additional Info

Features
Age N/A
Condition Good
Occupancy Tenanted: The Bin Guys
Availability Upon Settlement
Lease Term N/A
Rent Review N/A
Commenced 21st March 2020
Bonds / Guarantees N/A
Car Spaces On-site
Car Parking Fees N/A
Height N/A
Roller Doors Yes
Air Conditioning N/A
Floors Concrete
Sprinklers No
Wheelchair N/A
Lifts No
Outgoings
Outgoings Payable By lessee
Water Rates TBA
Owners Corp. / Insurance TBA
Other Charges N/A
Council Rates TBA
Land Tax TBA

Agent Details

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