Quality Office/Warehouse in Sought After Location

Sale Details

Sold on 05 Aug 2020

Description

Exceptional office/warehouse facility with plenty to offer in an established industrial precinct in Coburg North.

Located metres from busy Newlands Road and in close proximity to Bell Street and the M80 Ring Road, the property presents an ideal opportunity for investors purchase on the northern fringe within 10 klm's* of Melbourne's CBD.

Property Features include:

- Total Building Area 353m2*
- Warehouse 286m2*
- Air Conditioned First Floor Office 67m2*
- New three 3 year lease with further terms
- Currently returning $36,000 net with fixed 3% increase annually
- Ample amenities with two toilets upstairs & disabled toilet downstairs
- Container height 5 x 5 metre heavy duty colourbond roller door
- Industrial 1 Zone
- Internal clearance from 7.5m to 8m*
- Up to around 200 pallets of storage space
- High Security property, front door shutter, steel fencing & motorised gate
- Separately Titled therefore no Owners Corporation

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

*Approx.
Pricing excludes GST