Birai Realty proudly presents this opportunity to secure this investment.
INVESTMENT HIGHLIGHTS:
Land area: 975m²*
Building area: 750m²*
Dedicated parking area: 225m²*
14 on-site car spaces
Secure fixed-term lease through to February 2029
Further renewal options
Current annual rental: $100,000 + GST + outgoings*
Annual rental increases of 4%
Industrial 3 zoning
High-clearance warehouse
Container-height electric roller door
3-phase power
Office, storage and staff amenities
No mezzanine – efficient warehouse configuration
A SET-AND-FORGET INVESTMENT
For investors seeking immediate rental income with a secure tenant in place, this property presents a compelling proposition.
The existing lease provides income security through to February 2029, with further renewal options and 4% annual rental increases, providing built-in rental growth and reducing the need for active asset management.
High demand location in Melbourne's western corridor.
Easy access to West Gate Bridge, Western Ring Road, Princess Freeway, Old Geelong Road, Leakes Road and Doherty's Road via Fitzgerald Road.
For all other information or to arrange an inspection call now:
Anand Birai 0450 517 570
Sunny A Monga 0406 219 588
*All dimensions are approximate.
Disclaimer: Vendor / Agency or Agent representative will not be held responsible for any errors or mis descriptions whatever that appears. All prospective purchasers / lessees are advised to take their own necessary measurements, permit & council checks, research & their own diligence before entering into any agreements. No part of this work maybe copied, reproduced or use of photos copyrights.