+61 3 8566 7633

info@bosisto.com.au

   

1/33 Fennell St

Port Melbourne VIC 3207

Description

  • Prime Millers Junction Location
  • 5.0% Fixed Annual Increases
  • $40,500 Annual Net Income

An exceptional opportunity to secure a modern office/warehouse investment in Melbourne's largest Inner west shopping centre - Millers Junction Shopping Centre. Join major brands including Bunnings, Officeworks, Aldi, JB Hi-Fi, Repco, Beacon Lighting, Woolworths & many other major retailers.

Eligible for SMSF Non-Recourse Financing & Negative Gearing

Property Details:
- Floor area of 190m2 Inc Office of 40m2
- Container height roller door
- 4 car parking spaces allocated
- Bathroom and Kitchenette
- Three-phase power
- Flexible Commercial 2 zoning

Investment Details:
- Leased to Enhance Services (Commercial cleaning and services company)
- Net Annual Income of $40,500 + GST
- 2 year lease
- 5.0% Annual Fixed Increases
- Also located at 4 Blackwood Drive. They use both properties.

Contact Agents for further details or to arrange an inspection.

Sale via Expression of Interest closing Thursday 6th of August at 4pm.



Detail

Price: Contact Agent

Property Status: Sale

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

Land Area: 150 m2

Municipality: Hobsons Bay

Property Name: Millers Junction

Exclusivity: exclusive

Building Area: 190 m2

Parking Type: On-site parking available

Car spaces: 4

Parking Information: Ample car parking available

Zoning: Commercial 2

Tenant Occupancy: tenanted

Occupancy Title: Whole building

Age / Year Build: 2018

Availability: Now

Condition: Excellent

Gas Supply

NBN/Data/Telecoms

3 Phase Power

Universal Access

Air-Conditioning Offices

Amenities

Shower

Kitchenette

Arterial Road / Freeways

Bus Route

Tenant: Zip Australia Pty Ltd

Lease Terms: 2 years

Lease Commencement Date: 07/11/2025

Annual Rental $/pa net: $40,500 Net pa + GST

Rent Reviews: 5% Annual Fixed Increases

Security Deposit: $9,625

Property ID: com14524


Address

5 Blackwood Drive ALTONA NORTH VIC