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3 & 4/38 Zakwell Court, COOLAROO VIC, 3048

Sold
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Property Sold in 3 & 4/38 Zakwell Court, COOLAROO VIC, 3048

CVA Property Consultants Pty Ltd

18 - 20 Russell Street, Melbourne, VIC 3000

Listing ID:
11380454
Status:
Sold
Last Updated:
03/06/2020
Price:
Contact Agent
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Property Type

Industrial/Warehouse
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Land Area

N/A
Icon size

Floor Area

330 SQM
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Parking

N/A

Tenanted Investment Opportunity - Buy One or Both!

Two established warehouse's representing a solid opportunity for investors to get into the industrial market in a high growth location.

Zakwell Court is bounded by Somerton Road, 450m* from the property and Pascoe Vale Road, 350m* away providing great access to major arterial roads such as the Western / Metropolitan Ring Road, Tullamarine Freeway and Hume Freeway. This exceptional position is further enhanced by its proximity to local amenities including being 650m* from Roxbourgh Park Shopping Centre and 950m* from Roxbourgh Park Train Station.

Investment Summary:

3/38 Zakwell Court, Coolaroo 
 - Tenant: Roxy Automotive Pty Ltd
 - Annual Rental:  $31,200 P.A Inc GST & Outgoings 
 - Commencement Date: 1st May 2019
 - Term of Lease: Three (3) years plus one further term of three (3) years
Roxy Automotive is an auto-mechanic business which has been established in the area since 2017. They provide full car servicing to a wide range of vehicles.

4/38 Zakwell Court, Coolaroo 
 - Tenant: JSPK Family Trust T/A Taste of Pacifica
 - Annual Rental: $36,172 P.A Inc GST & Outgoings 
 - Commencement Date: 23rd January 2020
 - Term of Lease: Five (5) years plus one further term of five (5) years
Taste of Pacifica is a food grocer who specialises in the sale of Island food products.

Property Summary:

- Unit 3 - 330 sqm* of floor area 
- Unit 4 - 368 sqm* of floor area
- Long term lease
- Commercial 2 Zone (C2Z)
- Great location

For further information 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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