119 Gardenvale Road, Gardenvale

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Thursday, 25th May 2017

Fantastic Four Investment

Nichols Crowder is delighted to offer to the market a substantial freehold commercial investment which is fully leased to four quality tenants. Located in a tightly held mixed use retail strip, this unique opportunity is a rare and affordable offering for the astute investor.

The investment is highlighted by:

* Secure income stream of $57,060 pa gross (as at 3 June 2017)
* 4 separate offices – fully leased to 4 tenants
* High quality offices with good security and amenities
* Total building area: 111sqm approx.
* Annual rental increases
* All relatively new leases
* Stand alone freehold (no Owners Corporation)
* Major land parcel: 278sqm approx. (Commercial 1 zoning)
* Tenancy areas allow affordability for tenants resulting in little vacancy
* Affluent Bayside location close to Gardenvale train station and popular cafes/eateries
* Easy access to Melbourne CBD and Bayside via nearby Nepean Highway

Stand-alone and affordable investments are rarely offered to the market and this opportunity is perfect for your portfolio.

For further information and contracts contact:

JULIAN VAUTIN – 0420 406 660 or julianv@nicholscrowder.com.au
JAMES GLEN – 0401 493 277 or jamesg@nicholscrowder.com.au

NB: All areas and measurements are approximate. All prices are plus GST, unless otherwise stated.

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, Braeside to Dandenong and Carrum Downs to Mornington Peninsula has made us the Leaders of the South East.

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