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Newly leased office investment with rental growth upside

5/99 - 101 Western Avenue, TULLAMARINE VIC, 3043

For Sale

Property for Sale in 5/99 - 101 Western Avenue, TULLAMARINE VIC, 3043

Ryder Commercial Pty Ltd

Level 8, 350 Queen Street, Melbourne, VIC 3000

Listing ID:
11355741
Status:
Active
For:
Sale
Price:
Contact Agent
Last Updated:
19/02/2020
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Property Type

Offices/Offices/Industrial/Warehouse
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Land Area

N/A
Icon size

Floor Area

334 SQM
Icon parking

Parking

12

Newly leased office investment with rental growth upside

Located next to the Zagame building with direct exposure to the Tullamarine Freeway. Only 5 minutes from the Airport.
A modern stand alone two level office. The property is fully air-conditioned and heated and has excellent natural light. Only minutes from the Tullamarine Airport and it has massive exposure to the Tullamarine Freeway.

The property is leased to Cargo-Partners Logistics Pty Ltd as their new Melbourne Headquarters returning $50,000 p.a net and the tenant pays all outgoings and GST. A new 2 x 2 x 2 year lease commencing 1st July 2019 with 3% annual reviews is in place, with a 3 month Security Deposit.

This investment ticks all the boxes!!

Call David on 0419 473 504 for further details or to arrange an inspection.

For more details, please email agent

Ryder Commercial Pty Ltd

Level 8, 350 Queen Street, Melbourne, VIC 3000


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