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58 Carroll Road, Oakleigh, VIC, 3166

2. Property Highlights

SOLID INVESTMENT
  • 3 X 3 YEAR LEASE
  • RETURNING $66,950 PA (NET)
  • ANNUAL 3% INCREASES

Crabtrees Real Estate are pleased to offer 58 Carroll Road, Oakleigh South for SALE via Public Auction on Friday 16th September at 1pm on-site.

This well presented corner freehold property is leased and presents an outstanding opportunity for astute investors.

Ideally located off Centre Road providing excellent access to Warrigal Road and Princess Highway, the subject property is situated close to some notable neighbours being Stockland Business Park, Australia Post and The Links Shopping Centre which anchors Bunnings Warehouse, Chemist Warehouse and Woolworths.

Tenant Details:

+ Leased to Oak Construction Services Pty Ltd

+ Current Rental of $66,950 per annum plus GST and Outgoings (as of 13th December 2022)

+ 3 x 3 year lease commencing 13th December 2021

+ Annual increases of 3%

+ Three (3) months bond

Key Features:

+ Building area of 567sqm

+ Land area of 968sqm

+ Quality office/showroom area

+ Brand new air conditioning system

+ High bright warehouse with internal height of up to 6.5m

+ 3 phase power

+ Container height roller door (brand new)

+ Ample on-site parking

+ Excellent natural light throughout

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=25557

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

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

Our team strategically located across the eastern and south eastern corridors of Melbourne are ready to handle your Commercial, Industrial and Retail Property needs today so call or email NOW!

Remember to mention you found this property on CommercialReady

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3. Property Location

58 Carroll Road, Oakleigh, VIC, 3166

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4. Due Diligence

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