+61 3 8566 7633

info@bosisto.com.au

   

1/33 Fennell St

Port Melbourne VIC 3207

Description

  • Superbly Located Commercial Investment
  • Tightly Held Spotswood Station Precinct
  • Investment Rental Return 5.50% net pa

Superbly Postioned Retail/Office investment in Spotswood’s Historic Train Station Precinct
- Total 195sqm 2 level improvements incl. 120sqm warehouse + 75sqm mezzanine office
- Car space on title plus abundant free all day on street car parking
- Opposite Spotswood Village & train station
- Next to Spotswood Pub
- 10 min to CBD & 20 min to airports & ports
- Rear access container height roller door
- Kitchenette & amenities
- 3 Phase power
- NBN Fibre Connected + Gas Available
- Purchase is GST exempt
- Ideal sub $1m SMSF investment opportunity
- Lessee is responsible for council rates, water, land taxes ,insurance & owners corporation outgoings

Investment Details
5+5+5 year lease to Precision Locksmiths
Rental income $51,415 pa net + GST
3.5% annual rent increases
Contact agent for more property report or to arrange an inspection.



Detail

Price: $935,000 ono

Property Status: Sale

Category: Retail, Industrial/Warehouse, Other

Land Area: 120 m2

Municipality: Hobsons Bay

Exclusivity: exclusive

Building Area: 195 m2

Parking Type: On-site parking available

Car spaces: 1

Parking Information: Abundant all day pon street car parking

Zoning: Industrial 1

Tenant Occupancy: tenanted

Occupancy Title: Whole building

Age / Year Build: 2017

Availability: Now

Condition: Good

Council Rates $pa: 6485

Water Rates $pa: 1131

Land Tax $pa: 975

Owners Corporation / Insurance $pa: 3171

Roller Doors: Container Height Roller Door

Levels: 2 Levels

Gas Supply

NBN/Data/Telecoms

3 Phase Power

Universal Access

Air-Conditioning Offices

Security System

Amenities

Shower

Kitchenette

Arterial Road / Freeways

Bus Route

Port Access

Train Station

Tenant: Precision Locksmiths

Lease Terms: 5 + 5 + 5 Years

Lease Commencement Date: 01/10/2023

Annual Rental $/pa net: $51,415

Rent Reviews: 3.5% annually & market at further terms

Security Deposit: Nil

Property ID: com14199


Address

204A Hall Street SPOTSWOOD VIC