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Fantastic Investment with Huge Development Upside

4 Walker Street, BRAESIDE VIC, 3195

Sold

Property Sold in 4 Walker Street, BRAESIDE VIC, 3195

Cameron - Head Office (Industrial Dandenong)

3 Ordish Road, Dandenong South, VIC 3175

Listing ID:
11299498
Status:
Sold
Price:
Contact Agent
Last Updated:
15/08/2019
Icon building

Property Type

Industrial/Warehouse
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Land Area

8083 SQM
Icon size

Floor Area

2484 SQM
Icon parking

Parking

35

Fantastic Investment with Huge Development Upside

Cameron is proud to introduce 4 Walker Street, Braeside to the market. Sitting on a plot of some 8,083sqm is a 2,484sqm building, with a long term lease of five years with an option of another five years. With 81m frontage on Walker Street just off Boundary Road, this site is primed to make a statement.

Situated between Governor Road and Lower Dandenong Road puts this property in prime location for access, being only minutes from the new Dingley Bypass or the Mornington Peninsula Freeway.

With a strong tenancy in place, and just over a year into the first term of the lease, the purchaser will be able to begin collecting rent immediately.

Lease Details:
- 5 x 5 year Lease, commenced 01/01/17
- Rent of $222,480pa (net)
- 3% Annual increases
- National Tenant
- Sizeable Bank and Directors Guarantees

Property Features:
- 8,083m2 Land
- 2,484m2 building
- 1 x 5 tonne & 1 x 3.2 tonne Gantry cranes
- 81m Street frontage
- 35+ Car parks
- Semi trailer access to side and rear of building
- Section 32 available upon request

Expression of Interest Closing 19th June 2018 at 2:00pm

For more details, please email agent

Cameron - Head Office (Industrial Dandenong)

3 Ordish Road, Dandenong South, VIC 3175


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