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Two Properties - One Solid Income Stream

49-51 Mologa Road, HEIDELBERG WEST VIC, 3081

Sold

Property Sold in 49-51 Mologa Road, HEIDELBERG WEST VIC, 3081

Miles Real Estate

143 Upper Heidelberg Road, Ivanhoe, VIC 3079

Listing ID:
11359873
Status:
Sold
Price:
$1,420,000
Last Updated:
26/09/2019
Icon building

Property Type

Industrial/Warehouse
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Land Area

1378 SQM
Icon size

Floor Area

610 SQM
Icon parking

Parking

N/A

Two Properties - One Solid Income Stream

Investors Take Note!

SOLD By Miles Real Estate. A unique opportunity to purchase a securely leased Industrial site to a long established local business with two titles, offering flexibility to add value in the long term.

- Three year lease plus options commencing 1 September 2019

- Rental - $70,000.00 per annum plus GST

- Tenant pays all usual outgoings

- Annual rent reviews to 3%

- 49 Mologa Road -Building Area: 430 sq. metres (approx)

- 59 Mologa Road -Building Area: 180 sq. metres (approx)

- Total Land Area: 1,378 sq. metres (approx)

- Zoned Industrial 1

An ideal acquisition for a passive investor with add-value potential in this very popular Industrial location.

Terms: 10% Deposit. Balance 30/60/90 Days

For more details, please email agent

Miles Real Estate

143 Upper Heidelberg Road, Ivanhoe, VIC 3079


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