Fitzroys is delighted to offer for sale this outstanding opportunity to acquire a well-located office warehouse in the heart of Preston, which is leased to strong covenant.
The property is surrounded by a wide variety of amenities and is within walking distance to Northland Shopping Centre and large format retail. The location also provides outstanding access to Melbourne CBD.
Key property features:
- Total floor area: 990sqm*
- Total site area: 900sqm*
- Well-appointed office and staff amenities
- CCTV and phone system
- Triple interceptor
- Zoned Industrial 1 (IN1Z)
- Clearspan warehouse
- Access via RSD
Key investment highlights:
- Lessee: Agar Cleaning Systems Pty Ltd
- Rental: $128,750* per annum + GST & outgoings
- Term: Five (5) Years (commenced on 1st February 2021)
- Option: One option of Three (3) Years
- Annual Increases: 3%
- Security Deposit: $37,375*
- Personal Guarantors
*approx.
Remember to mention you found this property on CommercialReady
16 Cope Street, PRESTON, VIC, 3072