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Rare, high yielding investment (circa 8.24%) - National t...

19 Swan Road, MORWELL VIC, 3840

Sold

Property Sold in 19 Swan Road, MORWELL VIC, 3840

Wilson Property RCI

25 Hotham Street, Traralgon, VIC 3844

Listing ID:
11343167
Status:
Sold
Price:
$1,725,000 excl. GST
Last Updated:
10/09/2019
Icon building

Property Type

Industrial/Warehouse
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Land Area

4000 SQM
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Floor Area

1795 SQM
Icon parking

Parking

N/A

Rare, high yielding investment (circa 8.24%) - National tenant

- Long term National tenant ‘Viridian’ has occupied this property since 1995.
- Renewed 3 year lease commenced 1st May, 2018, with 2 x 3 year options.
- Rent $146,260 p.a. (from 1/5/19), 3% annual increases, tenant pays all usual outgoings.
- Impeccably presented building comprising fully appointed office space plus workshop totalling 1,795m2* set on a 4,000m2* site in a popular industrial precinct.
- Additional features include excellent accessibility into and around the building and on site car parking, 2 overhead cranes, and excellent staff amenities.
- Viridian - 24 stores nationally, the largest glass supplier and only manufacturer in Australia

*approx.

For more details, please email agent

Wilson Property RCI

25 Hotham Street, Traralgon, VIC 3844


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