Capital City Zone Investment - Circa 6% Return!

Sold - 5/435 Williamstown Road, Port Melbourne

Investment opportunity, Industrial, Offices

Sale Details

Sold on 15 Dec 2017

Building Area 666m²

Overview

Sale History ID: 29374
Property ID: 14037
Advertised Price: Contact Agent

Description

High yielding office/showroom/warehouse leased to established tenant QR Sciences Security Pty Ltd on a renewed 2 year lease from 1st November 2017 returning $175,000 per annum net + GST. This outstanding facility comprises a two level office/showroom, high clearance warehouse area with rear container height roller door access and 12 on site car spaces.

The subject property is located within the highly sought after Port Park Estate Business Centre and is 1km* to Bay Street shopping precinct, walking distance to public transport and provides convenient access to artertials.

QR Sciences Security is a National Wholesaler and Distributor of Video Surveillance Systems, Intrusion Systems, Access Control and Video Intercom Systems representing leading manufacturers from all over the world and have been occupying the property for in excess of 10 years.

http://www.qsecuritysystems.com.au/

- Leased to QR Sciences Security Pty Ltd
- Renewed lease from 1st November 2017
- Returning $175,000 pa net + GST
- Total building area: 666m2*
- 12 on site car spaces
- Rear RSD with container access
- 1km* to Bay Street shopping precinct
- Walking distance to public transport
- Convenient access to arterials

*Approx

Additional Info
Features
TenancyQR Sciences Security Pty Ltd
Lease Term2 years + 2 years
Commenced1st November 2017
Rent Review4% annually
Bond/Guaranteessix (6) month bank guarantee
Outgoings Payableby tenant
Car Spaces12 on site
Wheel Chair Accessn/a
ZoningCapital City Zone (CC1)
Outgoings
Agent Details
CVA Property Consultants - Jarrod Moran

Jarrod Moran

M | 0413 251 621
T | (03) 9623 2589
E | [email protected]

CVA Property Consultants - Ryan Milivojac

Ryan Milivojac

M | 0409 481 471
T | (03) 9623 2566
E | [email protected]