87-89 Main Road, Clayton

Sold

Friday, 25th October 2019

Dual Income Investment

Located close to Westall Road and Princes Highway, with easy access to the Monash Freeway, this is a rare opportunity to secure a freehold investment with two separate tenancies on a generous land holding. Placing you in the power position, you’ll have the choice of holding as an investment, occupying in the future or developing to add value (STCA).

Tenancy 1 details include:

* Tenant trading as: Hua Xia Cooking Equipment
* Term: 3 + 3 year lease term from August 2018
* Rental: $31,200 p.a. + GST & outgoings
* 4% annual increases

Tenancy 2 details include:

* Tenant trading as: Apple Auto Care (Vehicle Repairs)
* Term: 2 year lease from September 2019 (tenant since 2012)
* Rental: $29,412 p.a. + GST & outgoings

Key property features include:

* Total building area: 800sqm* (400sqm* each)
* Total land area: 1,260sqm*
* Commanding main road frontage: 30m*
* Clearspan warehouse: Internal roof height of 4.3m* maximum
* Two separate roller doors, one for each tenant: 3.3m* wide x 3.2m* high
* Front hardstand area: 80sqm* – provides further opportunity to utilise as extra workspace or car parking

For further information or to arrange an inspection, please contact:

Darryl Lever 0423 044 805

NB: All areas and measurements are approximate. All images/renders subject to copyright.

*Denotes Approx.

Put your property with the Leaders of the South East

We’re proud to lease and sell, through auction and private sale, hundreds of commercial and industrial properties annually. Beyond that, our property management services extend across Melbourne, into regional Victoria and interstate. Our quest for innovation, real experience, unmatched database and the fact that we’re the only commercial and industrial agents with offices that stretch from Bayside to Moorabbin, Dandenong to Carrum Downs and Carrum Downs to Mornington Peninsula has made us the Leaders of the South East.

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