1. Home
  2. »
  3. Sold Properties
  4. »
  5. An Investors Dream

2/151-159 Princes Highway, HALLAM VIC, 3803

Sold
https://dduaaywsz-res-4.cloudinary.com/image/upload/v1569991487/onjek4f4z179nwlzynpo.jpg

Property Sold in 2/151-159 Princes Highway, HALLAM VIC, 3803

CVA Property Consultants Pty Ltd

18 - 20 Russell Street, Melbourne, VIC 3000

Listing ID:
11363413
Status:
Sold
Last Updated:
17/10/2019
Price:
Contact Agent

Property Type

Industrial/Warehouse

Land Area

N/A

Floor Area

1000 SQM

Parking

N/A

An Investors Dream

A rare opportunity to secure a quality main road investment property currently leased to Xanadu Play Centre on a ten (10) year lease expiring July 2021 plus a five (5) year further term. 

The property which has been occupied by the existing tenant since July 2006 is currently returning $105,975.00 net rental per annum + outgoings & GST.

Features include 1000m2 (approx) of high clearance warehouse with both front glass tilt access and side roller door access along with ample on site common parking.

The subject property is located at the front of a highly sought after estate with no existing lease vacancy, offering exceptional main road frontage to the six lane Princes Highway and is only approximately 300 metres from the South Gippsland Highway which adjoins itself to the Monash Freeway.

A great opportunity to invest with confidence and set and forget;

10 year lease expiring July 2021 + 5 year further term
$105,975.00 net rental + outgoings & GST
Existing long term tenant since 2006
Depreciation benefits apply

For more details, please email agent

CVA Property Consultants Pty Ltd

18 - 20 Russell Street, Melbourne, VIC 3000


More properties from CVA Property Consultants Pty Ltd
For Lease
39-49 Greens Road, DANDENONG SOUTH VIC, 3175

39-49 Greens Road...

Showrooms/Bulky Goods
Leased
348-350 Bell Street, PRESTON VIC, 3072

348-350 Bell Stre...

Industrial/WarehouseRetail
Leased
2/58 Lexton Road, BOX HILL NORTH VIC, 3129

2/58 Lexton Road,...

Industrial/Warehouse
Sold
11/640-680 Geelong Road, BROOKLYN VIC, 3012

11/640-680 Geelon...

Industrial/Warehouse
Leased
536 Rathdowne Street, CARLTON NORTH VIC, 3054

536 Rathdowne Str...

Medical/ConsultingOfficesRetail
Sold
Suite 3, 121 Cardigan Street, CARLTON VIC, 3053

Suite 3, 121 Card...

Offices
More properties from Hallam
Sold or Leased
18 Dansu Court, HALLAM VIC, 3803

18 Dansu Court, H...

Industrial/WarehouseOffices
Sold
60 Wedgewood Road, HALLAM VIC, 3803

60 Wedgewood Road...

Industrial/Warehouse
For Lease
10/167 Princes Highway, HALLAM VIC, 3803

10/167 Princes Hi...

Industrial/WarehouseShowrooms/Bulky GoodsOffices
Leased
A/4 Dallas Court, HALLAM VIC, 3803

A/4 Dallas Court,...

Industrial/WarehouseOffices
Leased
A/61 Rimfire Drive, HALLAM VIC, 3803

A/61 Rimfire Driv...

Industrial/Warehouse
Leased
Unit 1/13-14 National Drive, HALLAM VIC, 3803

Unit 1/13-14 Nati...

Industrial/Warehouse
Loading...