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41 Howard Street, Epsom, VIC, 3551
Epsom
Auction on-site: Thursday 10th October 2024 at 11am
Sitting on a prime corner site with over 150m* street frontage this 5,917m2* parcel of Industrial 3 Zoned land is a rare and prime investment opportunity in the heart of the thriving Epsom commercial precinct.
The building of 1,087m2* includes a galvanised iron shed, office and amenities and is tenanted by the highly regarded Human Mechanics Gym, who have 9 years remaining on the lease agreement.
KEY FEATURES:
- Significant and prime industrial location less than 250m to Epsom Village and adjacent to train station
- High profile corner site with over 150m* of street frontage
- 5,917m2* parcel of Industrial 3 Zoned land
- Outstanding long-term development potential
- Significant industrial premises
- New 10 year lease from August 2023
- Current Rent $102,429.48 + GST with annual CPI increases
- Well appointed reception, offices and amenities
*approx
Located just 250m* from the booming Epsom Village Shopping precinct, with excellent access to the Midland Highway and directly adjacent the Epsom Railway station this is a strategic and prime location.
With a strong immediate investment return and increasing commercial profile of the Epsom precinct, demand for prime sites like these are sure to intensify into the future.
Remember to mention you found this property on CommercialReady
Auction on-site: Thursday 10th October 2024 at 11am
Sitting on a prime corner site with over 150m* street frontage this 5,917m2* parcel of Industrial 3 Zoned land is a rare and prime investment opportunity in the heart of the thriving Epsom commercial precinct.
The building of 1,087m2* includes a galvanised iron shed, office and amenities and is tenanted by the highly regarded Human Mechanics Gym, who have 9 years remaining on the lease agreement.
KEY FEATURES:
- Significant and prime industrial location less than 250m to Epsom Village and adjacent to train station
- High profile corner site with over 150m* of street frontage
- 5,917m2* parcel of Industrial 3 Zoned land
- Outstanding long-term development potential
- Significant industrial premises
- New 10 year lease from August 2023
- Current Rent $102,429.48 + GST with annual CPI increases
- Well appointed reception, offices and amenities
*approx
Located just 250m* from the booming Epsom Village Shopping precinct, with excellent access to the Midland Highway and directly adjacent the Epsom Railway station this is a strategic and prime location.
With a strong immediate investment return and increasing commercial profile of the Epsom precinct, demand for prime sites like these are sure to intensify into the future.
Remember to mention you found this property on CommercialReady
41 Howard Street, Epsom, VIC, 3551
Secure/no obligation
Step 1
Loan Variables
Adjust the inputs to explore your indicative finance options.
Estimated Purchase Price:
What you intend to pay for the property
Your Contribution:
The amount you’re investing
Min: 0% - Max: 90% of purchase price.
LVR:
Loan to Value Ratio
Min: 10% - Max: 100% of purchase price.
Loan Analysis
Yield Calculator
Yield Calculator
Step 1
Loan Variables
Adjust the inputs to explore your indicative finance options.
Estimated Purchase Price:
What you intend to pay for the property
Your Contribution:
The amount you’re investing
Min: 0% - Max: 90% of purchase price.
LVR:
Loan to Value Ratio
Min: 10% - Max: 100% of purchase price.
Loan Analysis
Full report
Please see your Loan Analysis below. The report has been emailed to you, as well as DIG Capital Advisory and the Listing Agent to follow up if needed.
Loan Analysis
