Main Road Corporate/Warehouse Facility!

Sold - 865 Mountain Highway, Bayswater

Investment opportunity, Industrial

Sale Details

Sold on 19 Aug 2019 for $4,500,000

Building Area 2038m²
Rate $2,208 per m²
Yield: 5.68%
Land Area 3203m²
Rate $1,405 per m²

Overview

Sale History ID: 31644
Property ID: 15208
Advertised Price: $4,500,000

Description

This high profile brand new facility features a generous combination of two level office/showroom together with clear span light filled warehouse. 863-865 Mountain Highway Bayswater, sits proudly on the north side of Mountain Highway between Dorset Road and Scoresby Road, opposite Mire 10.

Key highlights:
- Main road exposure
- High quality construction with excellent finishes.
- 1,600 m2* of clear span warehouse with tilt up glass panel door
- 195 m2* of showroom
- 244 m2* of first floor office with passenger lift access
- 30 onsite car spaces

The property's Mountain Highway address is within close proximity to the the Bayswater Village Shopping Centre, Railway Station, Scoresby Road intersection, offering convenient access to Eastlink.

*Approx
Pricing excludes GST.

Additional Info
Features
TenancyMurphy Bros. Printing Pty Ltd
Lease Term5 + 5 years
Commenced21st August 2019
Rent Review3% annual, market at review
Outgoings PayableTenant as per lease
Agebrand new
Air ConditionerOffice area
Availabilitynow
Car Parking FeesIncluded in rental
Car Spaces30 on site
ConditionBrand New
Floorsconcrete
Height7 metres
Liftsyes
Roller DoorsOne container height
Wheel Chair Accessyes
ZoningIndustrial 1
Outgoings
Owners’ CorporationInsurance $4,540.00 (inc GST) estimate
Council Rates$6,395.00
Water Rates$750.00 estimate
Land TaxTBC
Other ChargesAir conditioning maintenance $1,122.00 (inc GST), Lift Service $1,023.00 (inc GST)
Agent Details
CVA Property Consultants - Stan Dawidowski

Stan Dawidowski

M | 0400 448 755
T | (03) 9623 2556
E | [email protected]

CVA Property Consultants - Jarrod Moran

Jarrod Moran

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

CVA Property Consultants - Ian Angelico

Ian Angelico

M | 0418 336 088
T | (03) 9623 2578
E | [email protected]