Eltham Industrial Investment Opportunity
Sold - 2/39-45 Susan Street, Eltham
Investment opportunity, Industrial
Sale Details
Sold on 12 Mar 2015 for $680,000
| Building Area | 531m² |
|---|---|
| Rate | $1,281 per m² |
| Yield: | 6.14% |
Overview
| Sale History ID: | 23507 |
|---|---|
| Property ID: | 9995 |
| Advertised Price: | $680,000 |
|---|
Description
CVA Property Consultants are pleased to offer you the opportunity to secure a prime industrial investment located in the heart of Eltham’s industrial/showroom precinct.
The property is subject to a five (5) + three (3) + three (3) + three (3) year lease to Poolpower Australia Pty Ltd which commenced on 1st November 2010. The property currently returns $41,760.00 per annum plus outgoings and GST.
Well positioned with access from both Susan Street and Peel Street, this quality industrial building features reception area, showroom/warehouse with rear roller door access, first floor offices, mezzanine storage, kitchen, amenities and 5 allocated onsite car spaces.
The property is conveniently located close to Main Road, the Metropolitan Ring Road and Eltham Railway Station. Neighbouring businesses include Bunnings Warehouse, FortyWinks, Repco, Tyrepower and McDonalds.
Enquire today.
Auction - Thursday 12th March 2015 at 12pm on site
Additional Info
| Features |
|---|
| Tenancy | Poolpower Australia Pty Ltd |
|---|---|
| Lease Term | Five (5) + three (3) + three (3) + three (3) years |
| Commenced | 1st November 2010 |
| Rent Review | Annual CPI increases |
| Bond/Guarantees | Personal guarantee |
| Outgoings Payable | Outgoings payable by tenant per lease agreement |
| Car Spaces | 5 allocated onsite car spaces |
| Zoning | Industrial 3 Zone (IN3Z) |
| Outgoings |
|---|
Agent Details
Chris James
M | 0421 779 714
T | (03) 9623 2582
E | [email protected]
Anthony Carbone
M | 0488 440 190
T | (03) 9623 2559
E | [email protected]