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2. Property Highlights

Supreme Investment Opportunity
  • Less Than 80m* From Bell Street
  • Returning $128,750 Per Annum
  • Leased To A National Tenant

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

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3. Property Location

16 Cope Street, PRESTON, VIC, 3072

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4. Due Diligence

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