COLLECT INCOME FROM DAY ONE – SECURELY TENANTED INVESTMENT

Units 1 & 2, 5 Westside Drive, Laverton North, Victoria 3026

Industrial For Sale

For Sale
Floor Area: 1,495.00 m2.    

Description

We are pleased to offer For Sale this outstanding tenanted investment which includes two standalone buildings, occupied by strong and secure long term tenants.

The property is ideally situated on Westside Drive in Laverton North with quick access onto the M1 (West Gate & Princes Freeways), Geelong Road and the Western Ring Road making travelling east, north and west easy.

Tenancies include:

UNIT 1
- Comprising of a 750sqm warehouse + 230sqm office
- Leased to a blue-chip national tenant (more information on request)

UNIT 2
- Comprising of a 500sqm warehouse + 15sqm office
- Leased to Plastic Recycler

Both units are standalone facilities with its own individual access. Ample car parking and sealed yards are available.

Key investment highlights:
- Total rental income: $138,701 plus GST (if applicable), representing 6.16% of the asking sale price
- Tenant pays all outgoings plus GST.
- Generous fixed annual increases

Call now for further information. Inspections by appointment only.

Features

  • INCOME RETURN OF $138,701 P.A.
  • LEASED TO QUALITY TENANTS
  • LONG TERM LEASES

Specifications

Council City of Wyndham
Zoning Industrial 2 (IN2Z)

Map

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