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Class Investment with International Tenant!

1/640-680 Geelong Road, BROOKLYN VIC, 3012

Sold

Property Sold in 1/640-680 Geelong Road, BROOKLYN VIC, 3012

CVA Property Consultants Pty Ltd

18 - 20 Russell Street, Melbourne, VIC 3000

Listing ID:
11306015
Status:
Sold
Price:
Sale: $1,350,000 Lease: $86,156 Annual + Excl. tax
Last Updated:
02/10/2019
Icon building

Property Type

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

N/A
Icon size

Floor Area

587 SQM
Icon parking

Parking

N/A

Class Investment with International Tenant!

CVA Property Consultants are excited to offer this property for sale with long standing tenant Rexel.

Having occupied this property since circa 2001, Rexel have been contributing to the development of the trade electrical supplies distribution market worldwide for nearly 50 years and operate in 32 countries with over 2,000 branches.

This class investment features:

- Ground floor showroom of 460 m2*
- Separate first floor office of 127 m2*
- Anticipated net rental of $86,500 per annum (currently returning $61,156.25)
- Each floor fully independent and air conditioned 
- 16 allocated car spaces

The property has frontage to the very busy Geelong Road leading to Princes Freeway with 36,000* cars passing daily and immediate access to the Westgate Freeway via Millers Road.

*approx

For more details, please email agent

CVA Property Consultants Pty Ltd

18 - 20 Russell Street, Melbourne, VIC 3000


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