5 Walker Street, Braeside

Sold

Wednesday, 12th August 2020

Quality Office Warehouse, Large Landholding, Healthy Return

UNDER OFFER

5 Walker Street Braeside is the perfect office warehouse for the owner occupier with flexibility for multiple occupancies and future growth options for your business later.

With an existing lease until December 2021 and a healthy immediate return of close to 8%, this is a rare opportunity for one buyer.

Sitting on a substantial landholding of 6,618sqm (approx.) there is tremendous scope for expansion or future development.

Braeside and Mordialloc is a strategic industrial location with ready access to an excellent and growing road and freeway network which will further enhance this location in the future.

Key attributes include:

* Quality office warehouse facility
* Total building area: 2,733sqm (approx)
* Internal dividing wall creating flexible occupancy options
* Multiple access points to all sides of the warehouse
* Full drive-around access suitable for heavy vehicles
* Fire sprinkler system throughout
* Perfect for part or whole owner occupiers, with benefit of creating income
* Total site area: 6,618sqm (approx)
* Surplus land for further building expansion
* Established industrial location in Braeside with easy access to a growing road network including the under construction Mordialloc Freeway
* Excellent site depth/ width dimensions for future development
* Existing tenant currently vacating, with short term income of $266,226pa net until December 2021

For further information and inspections contact:

Julian Vautin 0420 406 660
Andrew Pannam 0433 518 555

OPEN FOR INSPECTION BY APPOINTMENT

PLEASE NOTE:
* Inspections are carried out in accordance with strict COVID-19 Directions. For further details contact the Estate Agent.

* All information and measurements are approximates. All images subject to copyright. Unauthorised use is strictly prohibited.

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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