Light up your Investment Portfolio!

Sale Details

Sold on 26 Nov 2015

Description

This leased investment to well known established tenant, Australian Lighting, is available for sale via Public Auction Thursday 26th November, 2015 at 12pm on site.

216 Canterbury Road, Bayswater North is leased on a term of five (5) + five (5) + five (5) years with a current rental return of $119,000.00 per annum net + GST.

Key features of this impressive property include:


• Free hold title - concrete panel construction
• Building area: 680m2*
• Land area: 1,920m2*
• Frontage to Canterbury Road of 18 metres*
• Generous on site car parking
• Easy access to Eastlink


This well known bulky goods and retail precinct hosts an elite group of national and international traders including Bunnings Warehouse, Officeworks, Petbarn, Supercheap Auto, Autobarn, McDonalds, BCF, Subway, Spotlight and the Good Guys.

The tenant, Australian Lighting, has been in the lighting business for 25 years. It is proudly Australian owned and a family operated business. Australian Lighting is one of the oldest lighting stores in Melbourne with the largest range in LED lighting, downlights, ceiling fans, low energy lighting, LED strip lighting, garden lighting, bathroom heaters, pendants, lamps and an array of globes.


For more information please visit www.australianlighting.com.au

*approx