Nichols Crowder is pleased to offer for sale this securely leased investment returning $58,617.27 per annum + GST + Outgoings.
The tenant, Duro-Lenz have occupied the property for over 20 years and have Three (3) years remaining on their current lease.
The property is located in the very tightly held Frankston Industrial estate. Properties in this location with a quality tenant like Duro-Lenz do not become available very often.
Key Features include:
* Total building area: 550sqm*
* Currently returning $58,617.27 p.a. + GST + Outgoings
* 5 x 5 x 5 year lease beginning November 2019
* Two titles
* Warehouse height up to 5m
* Two roller doors 3.7m high
For further information or to arrange an inspection, please contact
James Dodge 0488 586 896
Josh Monks 0409 335 179
PLEASE NOTE:
* Inspections are carried out in accordance with strict Covid-19 Directions. For further details contact the Estate Agent.
* All information and measurements are approximates. All images subject to copyright. Unauthorised use is strictly prohibited.
Remember to mention you found this property on CommercialReady.com.au
15 & 17 Rosella Street, Frankston, VIC, 3199