This premier investment faces Frankston Dandenong Road and has an A1 tenant with immaculate presentation.
The existing lease is in place until 31st May 2021 with a further 3 year option. The current COVID-19 reduced rent is $31,856pa plus GST and outgoings. There are annual CPI reviews, a security deposit and director guarantees. The market rent is normally around $40,000 p.a. nett.
The property features a front showroom in top condition and a rear warehousing area. This site benefits from prime Frankston Dandenong Road exposure.
Take advantage of a ready made income.
Contact Facey Industrial to arrange your inspection on 9701 4455, Ian Kilgour on 0416 012 727 or Cameron Jay on 0488 335 388.
For more details, please email agent