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INVESTMENT OPPORTUNITY AT 6.7% YIELD

60 Merola Way, CAMPBELLFIELD VIC, 3061

Sold

Property Sold in 60 Merola Way, CAMPBELLFIELD VIC, 3061

CVA Property Consultants Pty Ltd

18 - 20 Russell Street, Melbourne, VIC 3000

Listing ID:
11195147
Status:
Sold
Price:
Sale: $965,000
Last Updated:
02/10/2019
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Property Type

Industrial/Warehouse
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Land Area

1542 SQM
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Floor Area

1055 SQM
Icon parking

Parking

N/A

INVESTMENT OPPORTUNITY AT 6.7% YIELD

This concrete tilt panel factory/warehouse represents real value. The property provides occupiers with versatile work space and offers ample paved parking at the front.

Recently leased on a two year term with an option for a further two year term and 4% annual increases, the property offers:

- Total building area 1,055m2*
- Land area 1,542m2*
- Office area 57m2*
- 3 phase power
- 6m truss clearance
- Container height RSD
- Small enclosed yard at the rear

Merola Way is situated in a sought-after pocket of the Campbellfield industrial precinct. The extra-wide roadway provides excellent access to the property and is situated within close proximity to Sydney Road, providing easy access to major arterial roads including Cooper Street and the Ring Road network.

(* approx.)

For more details, please email agent

CVA Property Consultants Pty Ltd

18 - 20 Russell Street, Melbourne, VIC 3000


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