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Rare Investment In A High Growth Location!

7/22-30 Wallace Avenue, POINT COOK VIC, 3030

For Sale

Property for Sale in 7/22-30 Wallace Avenue, POINT COOK VIC, 3030

CVA Property Consultants Pty Ltd

18 - 20 Russell Street, Melbourne, VIC 3000

Listing ID:
11372317
Status:
Active
For:
Sale
Price:
$1,520,000
Last Updated:
01/07/2020
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Property Type

Industrial/Warehouse/Retail/Showrooms/Bulky Goods
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Land Area

N/A
Icon size

Floor Area

435 SQM
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Parking

N/A

Rare Investment In A High Growth Location!

A  fantastic investment opportunity presents within the tightly held Wyndham Gate Commercial Centre.

Current improvements comprise a ground floor showroom with rear roller door access, fully fitted mezzanine office featuring open plan and partitioned spaces and generous boardroom. The property is further supported by long standing tenant in Bradnam's Windows, who have been in occupation since 2012 and currently return $72,948.96 per annum net and operate throughout various national and international locations.

The property boasts convenient access to Palmers Road, Princes Freeway and associated western arterials and is in walking distance to Williams Landing Train Station.

Key investment features:
- Tenant:  Bradnam's Windows & Doors Pty Ltd
- Rental: $72,948.96 per annum net plus GST and outgoings
- Commencement: 15th August 2018
- Term: Three (3) Years
- Reviews: Annual CPI
- Option to renew fresh 3 year lease with sitting tenant

Key property features;
- Tenant in occupation since 2012
- Situated in a high population growth area of Melbourne
- Total building area 435m2*
- Ground floor showroom with rear roller door access 
- Completely fitted out mezzanine office area 
- Local businesses include, Simonds Homes, Wyn-City Bowling & Phoenix Hotel

For further information or to arrange an inspection, please contact CVA Property Consultants.

*Approx.
Pricing excludes GST

For more details, please email agent

CVA Property Consultants Pty Ltd

18 - 20 Russell Street, Melbourne, VIC 3000


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