Prime Investment Leased to Established Tenant! Auction: 18th August at 12 Midday

Sale Details

Sold on 18 Aug 2016

Description

A fantastic opportunity to purchase a premium investment property that is currently leased to TC Measurement & Control Pty Ltd trading as TC Direct since 2007!

Since 1973, TC Direct has been the distribution division of the TC group who specialise in temperature sensing, measurement, control and calibration. TC has operating and manufacturing sites in Australia, the US, the UK and across Europe. The company has grown dramatically since its incorporation in 1973, and the group has achieved ISO 9001 registration and boasts an in-house UKAS accredited calibration laboratory.

Company Website: http://www.tcdirect.net.au/deptprod.asp

Property Summary:
- Lease Term: 4 + 4 year lease (commencement 1st July 2016)
- Rental Return: $32,678.04 per annum + outgoings and GST
- CPI annual increases
- Security Bond: 3 months + GST
- Building area: 216m2*
- 3 allocated car spaces
- Visitor Parking in the estate
- Air-conditioning and heating
- Container height roller door

The property is situated within an immaculately presented architecturally designed business park, adjoins Bunnings Warehouse and is close to Warrigal Road, Clayton Road and the Monash Freeway, 23.4 kilometres from Melbourne's Central Business District.

*approx.