Large Reservoir Warehouse with Income

Sold - 43 Lakeside Avenue, Reservoir

Industrial

Sale Details

Sold on 30 Oct 2015 for $2,250,000

Building Area 3150m²
Rate $714 per m²
Land Area 4598m²
Rate $489 per m²

Overview

Sale History ID: 24546
Property ID: 10465
Advertised Price: $2,250,000

Description

This large brick warehouse with refurbished façade to the first floor office component and under croft parking.

The property is subject to a month by month tenancy and is currently returning $142,840 per annum net plus GST.

Features Include:
- Land area: 4,598m2*
- Building area: 3,150m2*
- Includes office area of 200m2*
- Includes warehouse area of: 2,950m2*
- Side driveway access
- Two roller shutter doors
- Over 30 metres* of street frontage
- Zoning: Industrial 3 Zone (IN3Z)
- On site parking

Ideally situated within the northern suburb of Reservoir within an established industrial precinct, the property is surrounded by major arterials including Sydney Road/Hume Highway, Mahoneys Road and the Western Ring Road.



*approx

Additional Info
Features
Lease TermMonthly
Rent ReviewAnnual
Age30 years
Air ConditionerYes in office
AvailabilityUpon settlement
Car Parking Fees0
Car SpacesOn Site
ConditionGood
FloorsConcrete
Height6 metres
LiftsNo
Roller DoorsYes
SprinklersNil
ZoningIndustrial 3 Zone (IN3Z)
Outgoings
Owners’ Corporation0
Council Rates0
Water Rates0
Land Tax0
Other Charges0
Agent Details
CVA Property Consultants - Anthony Carbone

Anthony Carbone

M | 0488 440 190
T | (03) 9623 2559
E | [email protected]

CVA Property Consultants - Craig McKellar

Craig McKellar

M | 0431 892 780
T | (03) 9623 2571
E | [email protected]