SET AND FORGET ROOKS ROAD INVESTMENT

Sale Details

Sold on 06 Aug 2025 for $715,000

Description

POINT OF INTEREST:

With a strong tenant, steady returns and a golden postcode, this warehouse-office lifts its weight as a heavy investment hitter. Unit 17 combines location, lease security and low-maintenance construction across a 178 sqm* footprint that includes a high-clearance warehouse (117 sqm*) and air-conditioned, partitioned office space (61 sqm*), plus two on-title car parks and additional visitor parking. Leased to BFW Group Pty Ltd on a 3+3+3 year term that commenced February 2025, the agreement features 4% fixed annual increases, a market review at each option, and is backed by a three-month bond plus director guarantee. Bolstered by seamless connectivity to Springvale Road, Canterbury Road and the Eastlink, you’ve also got Mitcham and Nunawading railway stations nearby.

- Leased to BFW Group Pty Ltd.
- $31,120.80 per annum plus GST and outgoings.
- 3+3+3 year lease term from 7th February 2025.
- 178 sqm* total building area.
- 117 sqm* high clearance warehouse.
- 61 sqm* partitioned office space.
- 2 allocated car spaces plus visitors.
- 550 m* to Canterbury Road.
- 2.5 km* to the Eastlink.

POINT OF VIEW:

Well-leased, well-located and well worth a closer look — this is one of the eastern corridor’s most compelling set-and-collect investment plays.

*Approx.
Pricing excludes GST