Price: Sold for $1,850,000 on 01/12/2021
Property Status: Sold
Category: Offices, Industrial/Warehouse, Retail
Land Area: 409 m2
Municipality: City of Hobsons Bay
Exclusivity: exclusive
Current Lease Ends: 28/02/2026
Further Options: 2 further options of 2 years
Building Area: 670 m2
Parking Type: On-site parking available
Car spaces: 6
Zoning: Industrial Zone 3
Occupancy Title: Not Applicable
Age / Year Build: 2021
Availability: New Investment subject to 5 + 2 + 2 year Lease
Condition: Available now
Council Rates $pa: 9700
Water Rates $pa: 1850
Land Tax $pa: TBA
Owners Corporation / Insurance $pa: 2800
Roller Doors: Two electric roller shutter doors
Levels: 2
Gas Supply
NBN/Data/Telecoms
3 Phase Power
Air-Conditioning Offices
Security System
Amenities
Shower
Kitchenette
Airports
Arterial Road / Freeways
Bus Route
Port Access
Tenant: Lyka Smith Pty Ltd
Lease Terms: 5 + 2 + 2
Lease Commencement Date: 1 March 2021
Annual Rental $/pa net: $90,000
Rent Reviews: Annual fixed for 3 years then 3% pa. Market at the options
Security Deposit: $24750
Property ID: commercial8864