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** SOLD ** Sale & Leaseback - Fantastic 6% Yield - New Le...

30 Crown Avenue, MORDIALLOC VIC, 3195

Sold

Property Sold in 30 Crown Avenue, MORDIALLOC VIC, 3195

Listing ID:
11171490
Status:
Sold
Price:
Sale: $600,000
Last Updated:
05/01/2017
Icon building

Property Type

Industrial/Warehouse
Icon square

Land Area

650 SQM
Icon size

Floor Area

525 SQM
Icon parking

Parking

0

** SOLD ** Sale & Leaseback - Fantastic 6% Yield - New Lease -

** SOLD **
Buy with a new 3x3x3 lease starting rent of $36,000PA +gst+OGs for a very healthy 6% yield!

Long standing established family business trading from this location since 2002. The owners now looking to free up some capital are offering this prime freehold industrial investment to the market for the first time in over a decade.

Solid factory with office, lunchroom, staff facilities and mezzanine.

Good power supply and three phase power.

Top location close to public transport and other facilities.

Set opposite a beautiful parkland reserve.

This ticks all the boxes, long standing business and a healthy yield, add this investment to the portfolio for a great return.

Please call to inspect or discuss.

For more details, please email agent

Johnston King

450 Nepean Highway, Chelsea, VIC 3196


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