Prime Main Road Property with Investment Return
This exceptionally well-presented, high-exposure office warehouse is a standout opportunity for investors.
Strategically positioned near Westfield Southland, Unit 4/265 Wickham Road boasts a prime main road location within the thriving Moorabbin/Cheltenham industrial and commercial precinct.
The property is currently tenanted by Oz Tables Pty Ltd, generating a robust net rental income of $34,425 per annum, plus GST and outgoings-offering a secure and attractive investment proposition.
With a total area of 236sqm*, this office warehouse enjoys excellent exposure to passing traffic, making it a rare find in the market. Properties of this calibre are seldom available-don’t miss your chance to secure this exceptional investment opportunity.
Key features include:
* Lessee: Oz Tables Pty Ltd
* Lease term: Five (5) years
* Lease option: Five (5) years
* Commencement: 15th January 2025
* Expiry date: 14th January 2030
* Rental (per annum): $34,425.00 plus GST and outgoings
* Rent reviews: Annually 3.5% End Of Term Market Review
* Outgoings: $8,000.00 approximately
* Security Deposit: Equal to one (1) month rental + GST
For further details or to arrange an inspection please contact:
David Garfield 0412 651 661
DISCLAIMER:
* 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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