Investment Opportunity in a Highly Sought After Pocket

Sold - 1/20 Lentini Street, Hoppers Crossing

Investment opportunity, Industrial

Sale Details

Sold on 16 Dec 2015

Building Area 280m²

Overview

Sale History ID: 24818
Property ID: 10630
Advertised Price: Contact Agent

Description

Located in a tightly held pocket of Hoppers Crossing at Unit 1, 20 Lentini Street with immediate access to Old Geelong Road, this modern high clearance office/warehouse presents a terrific investment opportunity.

Currently leased to Rumah furniture and homewares store who are mahogany furniture specialists that have been operating in Melbourne for the past 15 years, here is a link to their company website: http://www.rumahmelbourne.com.au/index.php

Property features:

• 3 year + 3 year lease which commenced on the 20/2/2014
• Rental return of $23,689.92 with tenants paying all outgoings
• Fixed 3% annual increases
• Motorized container height roller door
• 4 designated car spaces
• Security gates and fencing
• Air conditioned office space


For any additional information, please do not hesitate to contact CVA Property Consultants today.

Additional Info
Features
Lease Term3 years + 3 years
Commenced20/2/2014
Rent ReviewFixed 3% annual increases
Bond/GuaranteesSecurity bond of $2,108.68
Outgoings PayablePayable by the leesee
Car Spaces4 designated spaces
ZoningIndustrial 3
Outgoings
Agent Details
CVA Property Consultants - Robert Cubelic

Robert Cubelic

M | 0422 411 597
T | (03) 9623 2564
E | [email protected]

CVA Property Consultants - Ricardo Cappelletti

Ricardo Cappelletti

M | 0421 837 421
T | (03) 9623 2588
E | [email protected]