Versatile Investment Opportunity with Huge Exposure!

Sold - 258 & 258a Mcintyre Road, Sunshine North

Investment opportunity, Industrial, Retail

Sale Details

Sold on 29 May 2018 for $1,130,000

Building Area 563m²
Rate $2,007 per m²
Yield: 5.30%

Overview

Sale History ID: 30222
Property ID: 14556
Advertised Price: $1,130,000

Description

CVA Property Consultants are pleased to offer 258 & 258a McIntyre Road, Sunshine North for sale.

This investment opportunity sits perfectly placed just off the Western Ring Road with frontage onto McIntyre Road.

The site offers both an office/warehouse of 406m2* and a retail/fast food shop of 157m2* to be offered as one.

Property features include:

- Two titles to be offered as one
- Ample parking on site
- Container height roller door
- Exposure to McIntyre road with 24,000* cars passing daily
- Easy access to main roads
- Security of a one year lease agreement in place
- Commercial kitchen in the retail space
- Staff amenities in both buildings

For further details and inspection contact CVA Property Consultants

*approximate


Additional Info
Features
TenancyClinton H Motors PTY LTD
Lease Term1 + 1 + 1 Years
CommencedUpon the settlement date
Rent ReviewMarket review
Bond/Guarantees3 Months Rent and Directors Guarantee
Outgoings Payable100% by the tenant excluding land tax
Car Parking FeesNo
Car SpacesAmple on site
ZoningIndustrial Zone 3
Outgoings
Agent Details
CVA Property Consultants - Leo Mancino

Leo Mancino

M | 0418 343 147
T | (03) 9623 2570
E | [email protected]

CVA Property Consultants - Matthew Alderman

Matthew Alderman

M | 0433 299 548
T | (03) 9623 2588
E | [email protected]