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Solid Investment!!

164 Boronia Road, BORONIA VIC, 3155

For Sale

Property for Sale in 164 Boronia Road, BORONIA VIC, 3155

Listing ID:
11328824
Status:
Active
For:
Sale
Price:
Sale: $2,410,000
Last Updated:
23/07/2019
Icon building

Property Type

Other/Offices
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Land Area

N/A
Icon size

Floor Area

624 SQM
Icon parking

Parking

N/A

Solid Investment!!

I am delighted to offer this property for sale.
Located on Boronia Road, only minutes walk to the bus and train station, this property offers flexibility to an investor who may also wish to occupy one of the office suites. The property consists of 4 spacious suites, each with partitioned offices, air conditioning, bathroom and kitchen facilities and allocated car parking. The basement parking has 26 car spaces, 2 of which are storage units and is secured by a large gate for added security.  The property is offered as a whole but each suite has its own title.

Unit 1 = 186 sqm
Five year lease expiry 31st December 2024
Plus five year option term
Annual reviews

Unit 2 = 119 sqm
Three year lease expiry 31st December 2024
Plus five year option term
Annual reviews

Unit 3 = 200 sqm
Currently unoccupied

Unit 4 = 119 sqm
Brand new three year lease expiring October 2021
Plus 2 options of three years
Annual rent reviews

Nett annual rental of $83,885.52 plus potential rental for suite 3 of $37,000.00 = $120,885.52 pa plus outgoings.

 

For more details, please email agent

Michelle Lanigan Real Estate

1/179 Boronia Road, Boronia, VIC 3155


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