Property Description

RECEIVERS’ AUCTION – INDUSTRIAL GOLD

MODERN OFFICE WAREHOUSE IN SOUGHT AFTER POCKET

The property comprises a modern concrete tile panel, office/warehouse premises, situated within the sought after industrial area Keilor Park.

The premises is ideal for an owner occupier, with the short term Lease expiring in June 2023 with no options. Alternatively, an investor could re-lease the property, with a long leasing lead time, in the current strong industrial leasing market.

The rental from 16 December 2022 is $76,490.85 per annum plus GST plus outgoings with strong reversionary rental upside.

Property attributes include:

• Modern Office Warehouse
• Building 770 sqm, with two storey office 140 sqm and high clearance warehouse of 630 sqm
• Site area of 1,130 sqm with extensive frontage
• Owner occupier opportunity from June 2023
• Short term Lease until June 2023 – no options
• Rental from December 2022 $76,490.85 pa with strong reversionary rental upside
• Sought after location
• Part of the desirable industrial sector

Under instructions from

SOLD

Friday 2 December at 1:00 pm on site