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3 Clive Street, Springvale, VIC, 3171

2. Property Highlights

SECURE INVESTMENT
  • LONG STANDING TENANT
  • NEW 3 X 3 YEAR LEASE

Crabtrees Real Estate are pleased to offer 3 Clive Street, Springvale for sale via Public Auction on Wednesday 2nd March at 1pm on-site.

This presents an outstanding opportunity to acquire a secure industrial investment positioned in the heart of Springvale's industrial precinct.

Located just off Centre Road and between Westall and Springvale Road, this prime position provides easy access to Dandenong Road and M1 Freeway.

Tenancy Details:

+ Long standing established tenant Chemwell Pty Ltd occupying the building since 1998

+ New 3 x 3 year lease commencing March 2021

+ Currently returning $55,020 per annum + Outgoings

+ Annual increases of 3% or CPI whichever is lower

Key Features Include:

+ High clearance warehouse of 660sqm

+ Ample office area of 60sqm

+ Container height roller shutter door

+ Kitchenette/lunchroom area

+ Separate male/female amenities

+ Ample off street parking

OPEN FOR INSPECTION – EVERY WEDNESDAY BETWEEN 12PM – 12.30PM

Note: Can't attend the auction? No problem, you can still participate online! You can watch and even bid at this auction online on Anywhere Auctions!

https://anywhereauctions.com.au/app/property?propertyId=20550

Crabtrees Real Estate is built on history, reputation and expertise.

We offer a level of knowledge others can't match.

Remember to mention you found this property on CommercialReady.com.au

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3. Property Location

3 Clive Street, Springvale, VIC, 3171

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4. Due Diligence

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