10 Sonia Street, Carrum Downs

Sold

Wednesday, 8th March 2023

UNDER OFFER

Located on Sonia Street which runs off Latham’s Road. Major road arterials such as Eastlink and Peninsula Link only meters away. Location to be further enhanced by the widening of Latham’s Road to a 4 lane highway (due for completion mid 2023).

Tenanted by Checkmate Merchandising Pty Ltd T/A Flowsell who have been in business for over 20 years. Returning a very modest rental of $77,352.45 p.a. + GST + Outgoings. With a lease expiry of 26th March 2025 (with no further options) this property could suit an Investor or Owner Occupier.

Key features include:

* Total building area: 1,036sqm*
* Inclusive of a double story office 186sqm*
* Land area: 1,588sqm*
* Rental return of $77,352.45 p.a. + GST + Outgoings
* Lease expiry 26th March 2025 (no further options)
* Current tenant has been in occupation of the warehouse since 2017
* Annual CPI rental adjustments
* Warehouse height up to 6.5m*
* Motorised roller door up to 5m* high (4.5m* wide)
* LED lighting
* Ducted heating/cooling in office
* 15 carparks
* Own title
* Settlement 30/60/90 days
* Selling as a “Going Concern”

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

James Dodge
Josh Monks

PLEASE NOTE:

* All information and measurements are approximates. Please refer to Contract of Sale and/or Lease documentation. All images subject to copyright.

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