THE PERFECT ENTRY LEVEL INVESTMENT - MODUS BUSINESS ESTATE - THE TRADIE

Sold - Unit 20F (Lot 120)/36 Hume Road, Laverton North

Investment opportunity, Industrial

Sale Details

Sold on 15 Apr 2024 for $295,000

Building Area 50m²
Rate $5,900 per m²
Yield: 5.08%

Overview

Sale History ID: 40253
Property ID: 20368
Advertised Price: $295,000

Description

POINT OF INTEREST:

A unique opportunity within the premier MODUS BUSINESS ESTATE. THE TRADIE, perfect entry level investment.
These storage units feature paved rear yards with rear RSD, meeting facilities and amenities

- Leased to Nationwide Shopfitting Australia Pty Ltd
- Lease Term 2+2 years
- Commenced 1st April 2024
- Rental $15,000.00 pa + outgoings
- Building area 50 sqm + paved yard 25 sqm*
- Multipurpose Meeting facilities.
- Drive through access
- Security cameras
- Gated entry

POINT OF VIEW:

Modus isn’t just clever spaces its where your business will start its new journey and all in the epicenter of Melbourne’s industrial and logistics precinct.

*Approx.
Pricing excludes GST

Additional Info
Features
TenancyNationwide Shopfiitting Australia Pty Ltd
Lease Term2+2 years
Commenced1st April 2024
Rent ReviewAnnual 3%
Bond/Guarantees2 months
Outgoings PayableBy tenant
AgeAs new
Air ConditionerNo
AvailabilityImmediate
Car Parking FeesNo
Car SpacesTwo (2) common car spaces
ConditionAs new
FloorsConcrete
Height4.3m approx
LiftsNo
Roller DoorsYes 2.6 wide
SprinklersNo
ZoningIndustrial 2 Zone
Outgoings
Agent Details
CVA Property Consultants - Charles Cini

Charles Cini

M | 0411 423 389
T | (03) 9623 2555
E | [email protected]