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1/33 Fennell St

Port Melbourne VIC 3207

INVESTMENT SALE: Modern City Fringe Office Warehouse - 202m2 - $44k + GST pa return 12/15 Earsdon YARRAVILLE VIC

Sale

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Description
  • Modern 2 Level Office & Warehouse
  • 202m2 + 2 Car Spaces
  • $44k + GST pa. return

Superb City Fringe Office Warehouse in Sugarhill Business Park - 202m2

- Total building area of 202m² comprising 101m² warehouse/showroom plus 101m² first-floor office
- Quality office accommodation with suspended ceilings, carpets and reverse cycle air-conditioning
- Secure on-site parking for 2 cars, plus additional visitor and all-day street parking
- Kitchenette and staff amenities included
- Situated within one of Melbourne’s best modern business parks
- Walking distance to Yarraville’s historic village and station precinct
- Neighbouring Shell Express Convenience and fuel centre
- Industrial 3 Zoning

Investment Details:
- Leased to a cleaning company
- 4 + 3 + 3 + 3 year lease commenced 15/04/2024
- $44k + GST pa return
- 4.0% yearly fixed increases with market review at commencement of further terms

For more information or to arrange an inspection, contact Glyn on 0414 304 580 or Jignesh on 0431 000 038.



Detail
Price: $995,000 no GST

Property Status: Sale

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

Land Area: 101 m2

Municipality: Maribyrnong

Exclusivity: exclusive

Current Lease Ends: 14/04/2028

Further Options: 3 + 3 + 3 years

Building Area: 202 m2

Parking Type: On-site parking available

Car spaces: 2

Zoning: Industrial 3

Tenant Occupancy: tenanted

Occupancy Title: Whole building

Age / Year Build: 2018

Availability: Now

Condition: Excellent

Council Rates $pa: $3,965

Water Rates $pa: $1,300

Land Tax $pa: $975

Owners Corporation / Insurance $pa: $3,700

Roller Doors: 1x Roller Door

Levels: 2 Levels

NBN/Data/Telecoms

3 Phase Power

Universal Access

Air-Conditioning Offices

Sprinklers

Amenities

Shower

Kitchenette

Arterial Road / Freeways

Bus Route

Port Access

Train Station

Tenant: Tomra Cleanaway (Victoria) Pty Ltd

Lease Terms: 4 + 3 + 3 + 3 years

Lease Commencement Date: 15/04/2024

Annual Rental $/pa net: $43, 680 + GST

Rent Reviews: 4.0%

Security Deposit: $15,400

Property ID: com13637


Address
12/15 Earsdon YARRAVILLE VIC