For Sale

Unit 5, 25-35 Cranbourne Road NARRE WARREN

Beat the Banks with this investment

  • Sale Price $685,000
  • Area472 m²
  • Zoning Industrial 3

Highlights

  • 3 x 5 year lease in place
  • Nice air conditioned offices
  • Bonus storage mezzanine
  • 2 sets of amenities

Description

Beat the banks with a great return from this investment!

This investment includes an air conditioned office, a warehouse and a total building area 472m²

Currently under a 3 year lease that commenced 15th October 2018 and has been renewed for a new 5 year lease commencing on 1st October 2021. There are 3% reviews in the rental and a further option for 5 years. The current rental return will be $37,760pa plus GST and outgoings.

This investment also includes:
* Mono Crane rail with 1 tonne capacity approximately.
* Assigned car parking for 5 cars.
* Office and warehouse amenities/toilets
* Bonus Mezzanine storage space above the office.

Contact us on 03 9701 4455 or enquire at www.faceyproperty.com.au to make your next move

Tenure type

Tenanted Investment

Matt Rice

Partner

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