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24-30 Riley Street, HAMILTON VIC, 3300

Sold
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Property Sold in 24-30 Riley Street, HAMILTON VIC, 3300

Burgess Rawson & Associates Pty Ltd

Level 7, 140 Bourke Street, Melbourne, VIC 3000

Listing ID:
11385569
Status:
Sold
Last Updated:
25/06/2020
Price:
Price on Request
Icon building

Property Type

Offices/Medical/Consulting/Retail
Icon square

Land Area

3118 SQM
Icon size

Floor Area

249 SQM
Icon parking

Parking

N/A

Renewed Lease to VicRoads - Essential Service State Government Department

+ Renewed 3 year lease to Feb 2023 plus options to 2025
+ VicRoads pay all usual outgoings including building insurance
+ VicRoads: Essential service Victorian State Government transport department
+ Purpose built and well maintained 249 sqm building including vehicle inspection bay
+ Fixed 3% annual rent increases assuring growth
+ Significant 3,118 sqm landholding with valuable 30 car parks on-title
+ Hamilton: Important commercial centre, servicing 30,000+ trade catchment
+ Net Income: $39,950 pa + GST

For Sale by Auction
10.30am AEST Wednesday 24 June 2020
River Room, Crown Casino, Melbourne

To secure your place/seat at Crown, a bidder holding deposit of $1,000 will be required at least 2 days prior to the auction. If you wish to bid remotely, a holding deposit of $10,000, paid at least 2 days earlier than the 24th June, will be required to be deposited into our sales trust account. Should you be unsuccessful in securing a property, the full holding deposit will be returned within 48 hours. Please contact an agent to register.

For more details, please email agent

Burgess Rawson & Associates Pty Ltd

Level 7, 140 Bourke Street, Melbourne, VIC 3000


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