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Outstanding Freehold Industrial Investment - Circa 7% Ret...

58 Cave Hill Road, LILYDALE VIC, 3140

Sold

Property Sold in 58 Cave Hill Road, LILYDALE VIC, 3140

Listing ID:
11352796
Status:
Sold
Price:
AUCTION
Last Updated:
15/08/2019
Icon building

Property Type

Industrial/Warehouse/Retail/Showrooms/Bulky Goods
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Land Area

950 SQM
Icon size

Floor Area

577 SQM
Icon parking

Parking

4

Outstanding Freehold Industrial Investment - Circa 7% Return - First Time Offered in 24 Years!

Ray White Commercial Oakleigh is delighted to offer to market via Public Auction on Wednesday 14th August 2019, this immaculate industrial property located in the ever-growing Lilydale industrial precinct.

This stand-alone property is situated on 950m2* of prime industrial land and will provide one lucky purchaser with the unique opportunity to occupy, invest or develop (STCA) in one of the East's most popular, vibrant and well recognised locations.

Being offered to market for the first time in 24 years, don't miss out on this outstanding opportunity. Whether you are an owner-occupier, commercial investor or developer, this property is perfectly suited to all buyer profiles.

Inspection will impress!

Property Features Include:

• Total Building Area | 577m2*
• Total Land Area | 950m2*
• Current Rental | $5,250 pcm + Outgoings
• Comprising office, showroom and warehouse areas
• Ample on-site parking at front and rear
• Male/Female toilets plus staff area with kitchenette
• Over 18 metres of street frontage
• Flexibility to invest, occupy or develop (STCA)
• Popular and vibrant location - Surrounded by an abundance of nationally recognized
businesses
• Stand-alone industrial building - No body corporate!
• Tenant willing to enter into new lease agreement
• Industrial 1 Zoning (IN1Z)

For further information or to obtain a copy of the information memorandum and the section 32, please contact one of the exclusive marketing agents:

Joshua Colosimo | 0413 790 309
Theo Karkanis | 0431 391 035
Paul Rizzo | 0418 688 888

For more details, please email agent

Ray White Commercial Oakleigh

7-9 Atherton Road, Oakleigh, VIC 3166


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