+61 3 8566 7633

info@bosisto.com.au

    

1/33 Fennell St

Port Melbourne VIC 3207

Modern Office Warehouse with Strong Return in Thriving McArthurs Business Park - 238sqm 8/42 McArthurs Rd ALTONA NORTH VIC

Sale

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Description
  • Tenanted Investment - 5.0% return
  • Modern Office Warehouse 239m2
  • Flexible Industrial 3 Zoning

Bosisto Commercial is pleased to present a premium investment opportunity in the highly sought after McArthurs Business Park. This modern office warehouse space offers a secure income stream and a compelling 5.0% return on investment.

McArthurs Park is superbly located just 5 minutes from the West Gate Freeway, with easy access to Port of Melbourne, Melbourne CBD, Melbourne Airport and the local Millers Junction Shopping Centre.

- Office warehouse of 239m2 including 49m2 mezzanine area
- 2 allocated car spaces on title
- NBN voice & data
- Carpet in enclosed office
- Remote control container height roller door
- Industrial 3 zone
- On-site cafe
- Kitchenette, amenities and shower
- Short walk to Millers Inn hotel, local cafes, Woolworths & Bunnings
- 13km to CBD

Investment Summary:
- 2 + 2 year lease term commencing 01/07/2024
- $42,000 + GST + outgoings
- 5.0% return
- Leased to a reliable IT company

To arrange an inspection or to request sale documents, please contact one of the sale agents below.



Detail
Price: $820,000 no GST

Property Status: Sale

Category: Industrial/Warehouse, Showrooms/Bulky Goods, Offices

Land Area: 190 m2

Municipality: Hobsons Bay

Property Name: McArthurs Business Park

Exclusivity: exclusive

Current Lease Ends: 30/06/2026

Further Options: 2 Years

Building Area: 239 m2

Parking Type: On-site parking available

Car spaces: 2

Parking Information: 2 allocated car spaces on title + visitor car parking

Zoning: Industrial 3

Tenant Occupancy: tenanted

Occupancy Title: Whole building

Age / Year Build: 2019

Availability: Now

Condition: Excellent

Council Rates $pa: $4,500

Water Rates $pa: $1,000

Land Tax $pa: $1,000

Owners Corporation / Insurance $pa: $3,217

Roller Doors: Container Height Roller Door

Levels: 2 Levels

NBN/Data/Telecoms

3 Phase Power

Universal Access

Air-Conditioning Offices

Amenities

Kitchenette

Airports

Arterial Road / Freeways

Bus Route

Tenant: William Gerrard IT Pty Ltd

Lease Terms: 2 + 2 Years

Lease Commencement Date: 01/07/2024

Annual Rental $/pa net: $42,000

Rent Reviews: 4.0% annual increases

Security Deposit: $7,700

Property ID: commercial12592


Address
8/42 McArthurs Rd ALTONA NORTH VIC