Commercial Investment with Great Exposure

Sold - 5/227 Fitzgerald Road, Laverton North

Investment opportunity, Offices, Industrial, Showroom

Sale Details

Sold on 21 Oct 2019

Building Area 1057m²

Overview

Sale History ID: 32409
Property ID: 15713
Advertised Price: Contact Agent

Description

A quality commercial investment ideally located with main road exposure to over 23,000* vehicles passing daily.

Positioned on the corner of one of the busiest intersections in Melbourne's West, Fitzgerald and Boundary Roads, this modern office/showroom/warehouse offers immediate access to major arterials including the Western Ring Road (1.8km*), Western Freeway (1.7km*) and Princes Freeway (3.2km*) ensuring logistical ease.

Property Summary;
- Building Area: 1,057m2*
- Including impressive two level offices of 607m2* and warehouse of 450m2*
- Air conditioned offices
- Lofty clear span warehouse with rear access and container height roller door
- Excellent signage opportunities

Investment Fundamentals;
Rent: $85,000.00 per annum plus GST
Commencement: 29th April 2019
Term: Three (3) years plus further options
Review: Annual 3%
Outgoings: Payable as per lease

Tenant Details
Oceaneering Australia thrive by creating industry-changing technically creative solutions, products and services that work through listening and experience for the most complex operational challenges under water, on land, and in space.

Click here to view the Tenant website.

For further information or to arrange an inspection, please contact CVA Property Consultants.

*approx

Additional Info
Features
TenancyOceaneering Australia Pty Ltd
Lease Term3 years with 3 further terms of 1 year each
Commenced29th April 2019
Rent ReviewAnnually by 3%
Bond/GuaranteesBank Guarantee in the amount equal to 3 months rent plus GST
Outgoings PayablePayable by the lessee
Car SpacesApproximately 12
ZoningIndustrial 2
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]